The MoU was signed for setting up of Centre for North Eastern Studies (CeNEST) at the IIFT, Kolkata Campus.
The MoU was signed as part of an initiative to develop the NEC as the ‘state of the art’ resource centre.
This collaboration would enable the setting up of the Centre for North Eastern Studies (CeNEST) at the IIFT Kolkata Campus in a partnership model between the NEC and IIFT.
The centre would facilitate the northeastern states in policy making, strategic planning and effective implementation of various trade promotion schemes.
The centre will also undertake research and analysis on issues relating to international trade and business, capacity building and serve as a knowledge partner.
This will help the states in exploiting the potentials of exports of the products from the region and promote innovations in business.
The newly developed website of CeNEST was also officially inaugurated and launched by NEC secretary on the occasion.
The NEC is an agency for the economic and social development of the northeastern region which consists of eight states including Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.
IIFT, deemed to be University, was established in 1963 as an autonomous body under the ministry of commerce and industry.