Today's Edition
BOGOTA (WAM)
The United Arab Emirates Federation of the Chambers signed two Memoranda of Understanding (MoUs) with its Colombian counterparts to boost investment and trade opportunities between the two nations.
These MoUs, which also establish a joint business council, align with the recently signed Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
The aim is to foster a new era of productive collaboration, mutual economic growth, and unlock further commercial and investment prosperity for the two countries.
CEO of the Abu Dhabi Chamber of Commerce and Industry, Ahmed Khalifa Al Qubaisi, signed the MoUs on behalf of the UAE Chambers.
The Executive Vice President of the Colombian Chamber of Commerce, and Paola Buendía García, Executive Vice President of the National Business Association of Colombia, represented Columbia.
Chairman of the UAE Chambers and Chairman of the Abu Dhabi Chamber's Board of Directors, Abdullah Mohamed Al Mazrouei, highlighted the importance of these MoUs.
He said that the agreements support national goals aligned with the UAE-Colombia CEPA.
He also noted that the MoUs will facilitate knowledge and expertise exchange, further strengthen commercial and investment cooperation between businesses, and contribute to driving comprehensive and sustainable development.
The two countries will exchange knowledge and training experiences in economic development.
The partnership aims to increase commercial opportunities and expand economic and industrial cooperation between companies in both countries.
It also facilitates trade and economic delegation visits between the two countries.
Additionally, it encourages collaboration to enable companies from both nations to participate in international events, exhibitions, and conferences.
