The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a Memorandum of Understanding (MoU) with the Business Council for International Understanding (BCIU) to broaden investment and business opportunities between Abu Dhabi and the US.
The agreement paves the way for enhanced collaboration in trade, knowledge exchange, services, and industrial development.
According to the statement, the ADCCI-BCIU agreement underscores the Chamber’s commitment to building strategic partnerships that strengthen the private sector and enhance the competitiveness of the emirate’s business community.
Under the agreement, both parties will step up the exchange of economic, trade, and investment expertise and information; facilitate company participation in international exhibitions and forums; and support two reciprocal trade missions each year, alongside joint sector-specific events. The partnership also seeks to unlock opportunities in innovation and advanced technologies, in line with Abu Dhabi’s economic diversification agenda.
The agreement further commits the parties to support the business community by exchanging research on global and local markets, investment and trade legislation, and by establishing direct communication channels between companies and institutions in both regions. These measures will help create new partnerships and strengthen competitiveness.
HE Shamis Ali Khalfan Al Dhaheri Second Vice Chairman & MD ADCCI
“This agreement with the Business Council for International Understanding marks an important step in expanding our global partnership network and supporting the presence of United States businesses in the UAE, while helping national companies access the US market. It reflects our commitment to an open and connected business environment that raises private-sector competitiveness. Such partnerships are practical levers for collaboration in technology, knowledge transfer, services, and industry. They help to build sustainable economic bridges that drive balanced growth and innovation, in line with our leadership’s vision for a diversified and sustainable economy.”
Peter Tichansky, President & CEO of the Business Council for International Understanding (BCIU), said that, “This partnership reflects our shared commitment to facilitating economic growth and creating opportunities for businesses on both sides, by exchanging expertise, market insights, and supporting bilateral business engagement, BCIU and ADCCI are helping our members thrive in an increasingly interconnected global economy.”
This agreement advances the Abu Dhabi Chamber’s drive to position Abu Dhabi as a premier global business center. It creates new platforms for international collaboration and will help deliver the emirate’s long-term economic objectives, while strengthening the private sector’s contribution to sustainable and inclusive growth.
