Rakez, Icfa ink pact to foster trade in food, agriculture

Rakez, Icfa ink pact to foster trade in food, agriculture

Local News, Uncategorized















RAS AL KHAIMAH / WAM

Ras Al Khaimah Economic Zone (Rakez) and the Indian Chamber of Food and Agriculture (Icfa) signed a memorandum of understanding (MoU) aimed at fostering mutual growth and development within the food and agriculture sectors of the UAE and India. The MoU was signed by Group CEO of Rakez Ramy Jallad and Icfa Chairman Dr MJ Khan, adding yet another area of strategic collaboration between the two countries.

This alliance seeks to create opportunities for knowledge exchange, trade promotion, investment, and research and development collaboration. Jallad said, “This MoU signifies our commitment to strengthening our relationships with key international organisations such as Icfa and recognises the role India plays as a strategic trade and investment partner for the UAE. As one of the UAE’s largest trading partners, India brings a wealth of innovation and expertise in the food and agriculture sectors, particularly in sustainable farming and food processing technologies. We are excited about the potential knowledge exchange and capacity-building opportunities that this strategic collaboration brings. It will enable the tech and agricultural companies in our business community to enhance their methods