UAE - Mubasher: Dubai Chamber of Commerce and Industry has inked a Memorandum of Understanding (MoU) with the Angola-UAE Chamber of Commerce and Industry to exchange knowledge and facilitate cooperation between the two chambers.

The agreement was signed on the sidelines of the Global Business Forum Africa (GBF) 2021, being held at Expo 2020 Dubai, according to a press release on Thursday.

The agreement aims to develop business relations and cooperation between the parties by exchanging information on trade opportunities and investment potential and organise business missions, commercial events, trade exhibitions, seminars, and training sessions.

The President and CEO of Angola-UAE Chamber of Commerce and Industry, Bráulio Martins, said: "This agreement will lead to abiding bonds between the business communities of Angola and Dubai by promoting and facilitating economic and commercial cooperation in accordance with the relevant laws and regulations."

Martins commented: "In addition to fostering a favourable business environment, the agreement promotes joint ventures through - among other initiatives – the organising of business missions, study trips, seminars, training, symposiums and commercial events for the benefit of both our chambers’ members."