Abu Dhabi [UAE], August 21 (ANI/WAM): The Abu Dhabi Chamber of Commerce and Industry has signed a Memorandum of Understanding with the Ethiopian Investment Commission (EIC) to foster the robust economic collaboration between the UAE and Ethiopia and establish a framework for cooperation that advances trade, investment, and economic relationships between the two sides. The signing of the MoU was held on the sideline of the UAE delegation's visit to the Federal Democratic Republic of Ethiopia. Joining the visiting delegation to Ethiopia, D. Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of the Abu Dhabi Chamber, signed the MoU on behalf of the Abu Dhabi Chamber, whereas Lelise Neme, Commissioner of the EIC, represented her organisation in signing the document. According to the MoU, the Abu Dhabi Chamber will facilitate and promote business interactions and investments between the UAE and Ethiopia. On the other hand, the EIC will commit to offering incentives to UAE investors following Ethiopian laws and establishing a continuous dialogue platform to address investment challenges.

Source: Ethiopian News August 21, 2023 10:45 UTC