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FTCCI Signs MoU with FERB

Published on November 20, 2022
Current Context: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) signed a Memorandum of Understanding (MoU) with the Turkey-based Foreign Economic Relations Board (FERB).
FTCCI Signs MoU with FERB
  • The MoU was signed in the presence of the Hyderabad-Turkish Consulate General, Orhan Yalman Okan.
  • The primary objective behind this agreement is to facilitate trade and investment between Turkey and Telangana.
  • Under this agreement, Telangana and Turkey will collaborate in the following areas:
  1. AgriTech
  2. Information Technology
  3. Education
  4. Aerospace
  5. Green Energy
  6. Pharmaceuticals
  7. Life Sciences
  8. Real Estate and Infrastructure
  • The MoU also empowers the FTCCI to collect, combine, analyze, evaluate and diffuse information regarding industrial and technical cooperation.
  • FTTCI was established in 1917 as the Hyderabad Chamber of Commerce with its headquarters in Hyderabad. The current President of it is Anil Agarwal.

Question:

Q.1 The Federation of Telangana Chambers of Commerce and Industry (FTCCI) recently signed an MoU with the Foreign Economic Relations Board (FERB). Which country does the FERB belong to?
a. Bangladesh
b. Qatar
c. Turkey
d. Saudi Arabia
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