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CII signs MoU with Dubai exports to boost trade

23 Feb 2016 Evaluate

With an aim to strengthen the economic ties with UAE, Confederation of Indian Industry (CII) a non-government organisation has signed memorandum of understanding (MoU) with Dubai Exports to boost trade and explore business opportunities.

Dubai Exports works with other Dubai Government Departments to simplify the export process and develops long-term growth strategies to expand businesses and maximise the opportunities given by Dubai's unique position as a natural trade gateway between the East and West.

In order to remain updated with each other for mutual exchange of non-confidential, economic and trade information and to suggest and recommend partners for economic and trade cooperation and explore opportunities for business between members of both parties the MoU was signed. Both the sides will jointly support and aid investment fact-finding and business development missions. It will also pave way for both parties to help each other in organising road shows for promotion of investment opportunities in both countries.

Moreover, it will organise exchange of visits for business cooperation and provide each other with necessary support in terms of organizing conferences, mounting business delegations and other activities.  CII along with Dubai Exports will aspire to make coordinated efforts in solving and reducing the obstacle caused due to regulatory mechanisms like taxation, customs procedures, visas etc.