The Federation of the UAE Chambers of Commerce and Trade signed a Memorandum of Understanding (MoU) with the Chamber of Commerce and Trade of Angola (CCIA) to determine the UAE–Angola Enterprise Council, in a strategic transfer aimed toward strengthening bilateral financial relations and increasing funding alternatives.
The settlement was concluded throughout an official go to by a high-level UAE financial delegation to the Angolan capital, Luanda. The memorandum was formally signed by Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Trade and Chairman of SCCI, along with Vicente Soares, President of the Chamber of Commerce of Angola.
The signing ceremony was attended by senior officers and representatives of the enterprise neighborhood from either side.
In his remarks, Abdallah Sultan Al Owais mentioned that the institution of the UAE–Angola Enterprise Council represents an essential milestone and an important platform for strengthening the distinguished bilateral relations between the 2 pleasant international locations, which proceed to expertise speedy progress throughout all fields.
“Our goal by this council is to generate tangible and promising alternatives for enterprises in each markets, benefiting from the total assist prolonged by the UAE Chambers and the Chamber of Commerce and Trade of Angola,” he added.
Al Owais famous that the UAE–Angola Enterprise Council will undertake a structured strategy to initiating numerous business and promotional programmes in precedence financial sectors recognized beneath the joint cooperation agenda.
He additional highlighted that the council will present an environment friendly platform for entrepreneurs and traders to showcase their actions, set up sustainable commerce and funding partnerships, and discover new and high-value areas of partnership.
The Angolan aspect highlighted the importance of making the joint enterprise council, contemplating it a vital mechanism to remodel shared pursuits into concrete initiatives.
The Angolan enterprise neighborhood conveyed its dedication to growing strategic partnerships beneath the council’s framework, enhancing financial dialogue, fostering engagement between enterprise sectors, and exchanging data on rising alternatives and development markets in each international locations.
As per the MoU, the UAE–Angola Enterprise Council will facilitate ongoing interplay between the enterprise communities of each international locations by selling information change on commerce and funding alternatives and the related regulatory frameworks.
The settlement additionally goals to facilitate organising joint exhibitions, conferences, and reciprocal commerce missions to serve the shared financial pursuits of the 2 nations.
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