Dubai Chamber signs MoU with Angola-UAE Chamber of Commerce and Industry

Dubai Chamber signs MoU with Angola-UAE Chamber of Commerce and Industry

DUBAI, 14th October, 2021 (WAM) -- Dubai Chamber of Commerce and Industry (Dubai Chamber) today signed a memorandum of understanding (MoU) with the Angola-UAE Chamber of Commerce and Industry, to facilitate knowledge sharing and cooperation between the two chambers.

Announced on the sidelines of the Global Business Forum Africa (GBF) 2021, taking place at Expo 2020 Dubai, the agreement establishes a framework for developing stronger business relations between the parties and establishes cooperation procedures to enhance the achievement of their respective economic objectives.

Under the terms of the MoU, two chambers will promote trade in their respective countries, exchange information on trade opportunities and investment potential, organize prospective business missions, study trips, commercial events, trade fairs, exhibitions, seminars and training sessions for the mutual benefit of their members. In addition, the chambers will send and receive business delegations and encourage joint ventures among their members.

The MoU was signed by Hamad Buamim, President and CEO of Dubai Chamber, and Braulio Martins, President and CEO of Angola-UAE Chamber of Commerce and Industry, in the presence of, officials and representatives from both chambers.

Buamim described the MoU as an important development that will strengthen trade ties between Angola and Dubai and create new channels