Qatar, Benin Chambers sign MoU to develop economic & trade cooperation

By Shilpa Annie Joseph, Official Reporter
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Qatar and Benin Trade Relations _ GCC Business News

Qatar Chamber has signed a memorandum of understanding (MoU) with the Benin Chamber of Commerce and Industry to develop their economic and commercial relations.

Furthermore, the MoU also intends to streamline bilateral cooperation between both countries. The agreement was signed by the First Vice-Chairman of the Qatar Chamber, Mr. Mohammed bin Twar Al Kuwari and the President of the Benin Chamber, Mr. Arnauld Akakpo.

On this occasion, the First Vice-Chairman of the Qatar Chamber said that this MoU is part of both Chambers concern to enhance relations with its counterparts from all world countries and enable the private sector to build constructive relations with its counterparts in various countries in a way that contributes to developing the states’ trade with world countries.

Qatar and Benin Trade Relations _ GCC Business News
Courtesy: Qatar Chamber FB

Mr. Al Kuwari noted that “under this MoU, both chambers will work to develop the two countries economic and commercial ties, develop a work program to facilitate and expand trade between them and enable business communities to benefit from the available opportunities, as well as the exchange of available economic information and work to establish partnerships to implement business projects in both countries.”

The MoU also allows both parties to exchange information on the economic legislation in force in the economic and trade fields, as well as all measures that would contribute to the development of economic relations between the two countries.

As per the statement, it further aims to expand the scope of measures to assist and facilitate the visits of mutual delegations and work to establish a framework for cooperation in the areas of technical and vocational training for human resources.

Related: Saudi Fund for Development explores cooperation with Japan’s JICA

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