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Photo Courtesy- en.wikipedia.org
Photo Courtesy- en.wikipedia.org

CII signs MoU with Dubai Exports, expected to increase Trade and Investment

In a bid to strengthen the economic relation between India and the UAE, Confederation of Indian Industry (CII) has signed a memorandum of understanding (MoU) with Dubai Exports to enhance trade as well as discover new business opportunities.

  • Dubai Exports work with the Dubai Government to simplify the process of export. The company works for developing strategies to expand businesses and try to get the maximum benefits for Dubai being in a unique position of a natural trade gateway between the East and the West.
  • The MoU calls for regular contact between them for mutual exchange of economic and trade related information as well as to explore opportunities for business between members of both parties.
  • The MoU will also facilitate in organizing visits for business purposes and help each other to organize conferences and other activities. Both CII and Dubai Exports will work towards solving and reducing the problems caused by heavy amount of tax, custom duties, visas etc.
  • The MoU also said that both organizations will work for facilitating investment and business development.

(Source: ET)

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