NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
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: 678

•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 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Centre for Financial Journalism unveils faculty

APC says victory in Edo governorship election not...

Rivers Tribunal sacks PDP Senator, hands seat to...

Senate investigates omission of Bayelsa from ambassadorial list...

Apostle Suleman: Lawyer faults media trial, raises 10...

Juju story: Adebayor, mother, siblings wash dirty linen...

Jonathan selects Abacha as one of Nigeria’s greatest...

BREAKING NEWS: CBN takes over Skye Bank

Stakeholders proffer solutions to capital market downturn

Boko Haram War: NSA, Service Chiefs visit troops,...

Osun Govt. carpets opposition for allegedly plotting to...

Man United survive Crystal Palace scare, move closer...

 

Latest News NNPC loses N546b in 3 years Gunmen kill 12 in market attack 2019: Okorocha cries out, alleges gang-up PDP, SDP, ADC consider joint presidential candidate 100 Edo secondary students trafficked to Libya 11,254 jobs lost, 13 firms shut in food, beverage sector Stop persecuting Igbo Jews - Group warns Buhari Former APC chieftain apologises to Jonathan, admits Buhari has failed Nigerians Why Buhari may not sign 2018 budget –Minister FG plans to assassinate me - Gov. Wike APC, nPDP in talks to avert Saraki, Dogara, others exit Career politicians deceiving Nigerians with rotational presidency — Moghalu

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (345,042 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (341,683 views) Shameless Genevieve Nnaji exposes breasts in public (273,150 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,559 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (205,047 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,561 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (176,757 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (159,054 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,074 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,244 views) Lagos plane crash: Journalist releases victims’ names (139,878 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,277 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (40) Business & Economy (3,137) Business Verdict (43) Columnists (853) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (594) Global Business Monitor (273) International (1,968) Interview (149) Live Commentary (28) Love Matters (120) News (35,464) Opinion (954) Pidgin (10) Politics (5,029) Religion (742) Sports (1,512) Stock Watch (29) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

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

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement