The Qatar Chamber signed on Thursday a memorandum of understanding (MoU) with the Benin Chamber of Commerce and Industry to develop their economic and commercial relations and streamline bilateral cooperation between both countries.
The agreement was signed by the First Vice-Chairman of the Qatar Chamber Mohammed bin Twar Al Kuwari and the President of the Benin Chamber HE Arnauld Akakpo.
The signing ceremony was also attended by HE Ambassador of the Republic of Benin to the State of Qatar Mohamed Bare.
On this occasion, HE Mohamed bin Twar said that this MoU is part of the Chamber’s concern to enhance cooperation 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 state’s trade with world countries.
According to this MoU, HE noted that both chambers will work to develop the two countries’ economic and commercial ties, develop a work programme 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.
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.