Abu Dhabi Chamber inks deal with Ethiopian Investment Commission

Abu Dhabi Chamber inks deal with Ethiopian Investment Commission

Abu Dhabi Chamber of Commerce and Industry has signed a Memorandum of Understanding (MoU) with the Ethiopian Investment Commission (EIC) to foster robust economic collaboration between the UAE and Ethiopia.

The MoU also intends to establish a framework for cooperation that advances trade, investment, and economic relationships between the two sides. The MoU serves as a blueprint for the exchange of knowledge, expertise, and resources, facilitating smoother business interactions, the development of investment opportunities, and the enhancement of trade relations; ultimately, creating a positive impact on the business environments of both nations.

On this occasion, H.E. Dr. Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of the Abu Dhabi Chamber, said that, “This MoU embodies our shared commitment to fostering economic cooperation, trade, and investment between our countries considering Ethiopia’s fertile investment climate and the unlimited support of both countries’ leaderships. It paves the way for positive partnerships, the exchange of expertise, and the mutual growth of our economies. Our combined efforts will enable us to explore new avenues of cooperation, exchange knowledge, and promote sustainable economic development.”

According to the MoU, the Abu Dhabi Chamber will take on the role of facilitating and promoting business interactions and investments between the UAE