NLNG Corporate Caring banner FirstGem 3rd anniversay lecture Fidelity bank card banner Emerald Energy Institute Camano banner

Abuja Chamber, Confederation of Indian Industry sign MOU to promote trading activities

By News Express on 16/04/2018

Gmail icon

Views: 1,628

•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

 

 

CLASSIFIED ADS

 

You may also like...
Buhari hails Falcons over AWCON feat

Col. Umar’s lawyer writes Glo over illegal deductions...

Three Boko Haram fighters surrender in Borno, five...

UN probes killing of IPOB members, Shiites

Emefiele identifies factors hindering Nigeria's economic progress

CBN continues intervention in Forex market with injection...

Ajegunle, Agege, Bariga, Kosofe set for final battle...

Lagos 2019: We’ll beat PDP, Agbaje roundly —...

Gov. Okowa mourns as Delta CJ loses wife...

APC expels Nnamani over alleged misconduct

Operation Python Dance to be conducted annually

UN priortises ICT skills for economic development

 

Latest News BREAKING: INEC suspends collation of Kogi election results APC maintains lead in Bayelsa guber election Super Eagles fight back to beat hosts Lesotho in 2021 AFCON qualifiers Obi mourns Nnewi Parish Priest, says death sad The imperative of “people’s manifesto”, By Edwin Madunagu 30 missing INEC staff in Kogi rescued Kogi election: PDP agent rejects results Kogi election: Collation officer presents N50k bribe offered by politicians INEC limits media access to Bayelsa election collation centre APC to PDP: Don’t think of causing trouble in Kogi SDP’s Natasha Akpoti calls for cancellation of election in Kogi Central, Lokoja Two planes collide at Frankfurt airport

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (563,231 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,516 views) Shameless Genevieve Nnaji exposes breasts in public (401,686 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (336,037 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (303,843 views) 10 cars more expensive than Jets (281,614 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,898 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,148 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,680 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,052 views) Lagos plane crash: Journalist releases victims’ names (201,549 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,196 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (109) Business & Economy (4,574) Business Verdict (86) Columnists (1,144) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (704) Features (845) Global Business Monitor (493) ICT Monitor (67) International (4,216) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (486) News (54,052) Opinion (1,420) Pidgin (17) Politics (11,756) Religion (1,120) Sports (2,227) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera