Fidelity bank banner Bayelsa State banner
Abuja Chamber, Confederation of Indian Industry sign MOU to promote trading activities

By News Express on 16/04/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 945

•Abuja Chamber and Confederation of Indian Industry chiefs signing the MOU
•Abuja Chamber and Confederation of Indian Industry chiefs signing the MOU

 

The Abuja Chamber of Commerce and Industry (ACCI) and Confederation of Indian Industry (CII) have signed a Memorandum of Understanding (MOU) to reposition their export and other trade relations activities. 

While ACCI is working as a voice of the private sector, engaging itself in the promotion of trade and industry, bridging the interest of the private sector with the Nigerian government, the CII represents the interests of trade and commerce in India and acts as an interface between industry, government and other relevant stakeholders on policy issues and initiatives promoting domestic and international trade. 

The deal which seeks for transfer of technology and investment into Nigerian economy was sealed in New Delhi between the Vice President in charge of Information Communications Technology, (ICT) who is also the Provost of ACCI training institute called Business Entrepreneurial Skills and Technology (BEST) centre, Prof. Adesoji Adesugba, while Mr. E.B. Rajesh, the Regional Director in charge of Africa singed on behalf CII, an association of over 8,000 companies.

In the text of the MOU made available to press, the parties agreed: “To enhance economic relations and propose to the respective governments, measures and mechanisms to promote exports on the basis of mutual interests to avoid any imbalances which may affect the relationship.

“To continue to develop exchange of economic information between the two institutions.

To organise trade missions and to cooperate through the organisation of conferences, symposia and other forms of trade events for the promotion of trade, industry and services of both countries.

“To participate and cause traders to participate in trade fairs and exhibitions, encourage reciprocal visits of businessmen and professionals and help visitors and businessmen in both directions, obtain the most appropriate business contracts.

“To establish a regular consultation program between officials of both institutions on trade, industrial issues and services.

“As part of the implementation of this Agreement, the two institutions shall undertake to provide mutual institutional support the methods of which shall be mutually agreed.

“The parties mutually agree that the exchange of any information for the purpose of this MOU will enable both the parties to this MOU to obtain data and information about the other party which includes financial information, and any documentation, marketing strategies, business policies or practices or any other.”

The agreement is to come into force with immediate effect and will be valid for a period of five years, and renewed by mutual consent.

Source News Express

Posted 16/04/2018 12:02:23 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Notorious Lagos cultist re-arraigned

Today will be characterised by cloudy weather with...

GIANT KILLER: Wawrinka overcomes world No 1 Nadal to...

Akpabio tasks NDDC on delivery of quality projects...

Crisis hits Arab-African summit as 3 countries pull...

Breaking News: Messi handed 21-month prison term for...

Amosun presents N221.129bn Ogun 2017 Budget

Conversation with Agric Minister Akin Adeshina on Nigeria,...

Niger State Government creates Department of Oil and...

30 dead in Boko Haram’s shooting spree in...

Anambra Guber: What inspires me — Chidoka

MPC increases Monetary Policy Rate from 12 to...

 

Latest News BREAKING: Aregbesola’s Chief of Staff floors Reps Deputy Speaker, others to emerge Osun APC guber candidate 2019: All set for Atiku's declaration for president Court fines hospital N.5m for detaining baby’s corpse, parents UNN set to export ginger to USA 2019 election: 8 PDP governorship aspirants opt for consensus in Kaduna Violence, late arrival of election materials characterise Osun APC guber primaries Forex: CBN flags off sale of Chinese Yuan Gunmen storm Zamfara market; kill 2, injure others NAF fighter aircraft neutralises fleeing Boko Haram terrorists Ekiti: Group slams HURIWA over call for sack of INEC Chairman South African police officers to face trial for killing Nigerian FG, States, LGs share N668.898b for May

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (363,166 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,010 views) Shameless Genevieve Nnaji exposes breasts in public (287,412 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,861 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,148 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,871 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (186,952 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,896 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,523 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,189 views) Lagos plane crash: Journalist releases victims’ names (147,964 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,124 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,363) Business Verdict (46) Columnists (889) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,148) Interview (157) Live Commentary (28) Love Matters (127) News (37,318) Opinion (1,024) Pidgin (10) Politics (5,627) Religion (787) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement