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EDB Mauritius signs cooperation agreement with Abu Dhabi Chamber

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EDB Mauritius signs cooperation agreement with Abu Dhabi Chamber

The Economic Development Board of Mauritius (EDB) has signed a cooperation agreement with the Abu Dhabi Chamber of Commerce and Industry to further deepen the economic and trade relations between Mauritius and the Emirate of Abu Dhabi.

The agreement also aims at serving the business environment as a world system for positive partnership, share experiences and best practices between businesses.

The signing of the new document comes during a meeting held between Abdullah Mohamed Almazrui, Chairman of the Abu Dhabi Chamber, and Dr. Renganaden Padayachy, Minister of Finance and Economic Development of Mauritius, at EXPO 2020 Dubai.

The Emirates News agency (WAM) reported that Mohamed Helal Al Mheiri, Director General of Abu Dhabi Chamber, attended the meeting from the Emirati side, whereas Harvesh Kumar Seegolam, Governor of Bank of Mauritius; Issa Soormally, Vice Chairman of EDB; Ken Poonoosamy, CEO of the EDB; and Shaukat Ali Soodhun, Non-resident Ambassador of Mauritius to the UAE, attended from the Mauritian side.

The agreement will establish a framework for developing stronger business relations between the parties and cooperation procedures to enhance the achievement of their respective economic objectives in addition to forming successful partnerships, coordinate trade delegations and visits between the two countries.

The agreement also states that both Parties will cooperate for the purpose of promoting trade in their respective countries, exchange information on trade opportunities and investment potential, organise prospective business missions, study trips, commercial events, trade fairs, exhibitions, seminars and training sessions for the mutual benefit of businesses.

Mohamed Helal Al Mheiri, Director General of Abu Dhabi Chamber, signed the Cooperation Agreement on behalf of the Chamber, whereas Ken Poonoosamy, CEO of the EDB, signed the agreement on behalf of his organisation.

Original article at WAM

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.