Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a Memorandum of Understanding (MoU) with the Chamber of Commerce and Industry of Benin (CCIB) to enhance economic and trade relations between their members and bring benefits to their business communities.
Under the terms of the MoU, the two sides will work to enhance cooperation, promote investment opportunities, and facilitate strategic networking opportunities between the Chambers’ members.
Further, the two Chambers will share information and expertise on trade and investment, exchange trade delegations, organize virtual events, and support the launch of joint projects in investment, tourism, agriculture, healthcare, and technology.
Dr. Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of the Abu Dhabi Chamber, said that, “Trade between Abu Dhabi and Benin has seen significant growth year over year, and we are keen to achieve further growth thanks to the partnership we established today. The two countries are keen to strengthen trade and investment to drive economic growth. We look forward to exchanging knowledge and expertise and exploring investment opportunities that would provide a win-win for all.”
Mr. Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber, stated that the MoU is key for driving cooperation in the investment, tourism, technology, agriculture, healthcare, and technology sectors.
“Abu Dhabi Chamber, which represents the voice of the private sector, is committed to exploring opportunities that support the growth of the private sector in the Emirate, and attracting local, regional, and international investments,” Mr. Al Mheiri added.
“I would like to extend my appreciation to the efforts made to sign this agreement. The MoU aims to promote and develop the trade and investment activities of businessmen in the UAE and Benin. Benin, which is a major gateway to entering the markets of West African countries, is an active member of the Economic Community of West African States (ECOWAS), which includes 15 African countries, which make up a total population of 350 million,” commented Mr. Arnauld Akakpo, President of the CCIB.
