RCCI signs MoU with Bahrain chamber to boost trade

Deal will promote bilateral ties and business linkages

Our Correspondent March 31, 2017

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) and Bahrain Chamber of Commerce and Industry (BCCI) signed a memorandum of understanding (MoU) on the sidelines of Pakistan-Bahrain Business Opportunities Conference in Islamabad on Thursday.

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RCCI President Raja Amer Iqbal and BCCI Chairman Khalid Rahman Almoayed signed and exchanged documents at a ceremony attended by chamber representatives, government officials including Federal Commerce Minister Khurram Dastgir, Pakistan Ambassador to Bahrain Javed Malik and RCCI group leader Sheikh Muhammad Shabir.

Speaking on the occasion, Iqbal said the major objective of the MoU was to promote bilateral trade between the chambers and mutual benefits of business communities of both the countries.

“Both chambers will cooperate with each other to establish and develop direct and effective business relations between their respective members to facilitate business-to-business meetings on a reciprocal basis,” said the RCCI president.

Under the agreement, both chambers will assist each other in organising exhibitions, conferences, seminars, research and development, information sharing, mutual trade and joint ventures.

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Iqbal said it was a great achievement and milestone for the RCCI in the promotion of bilateral trade, adding exchange of trade delegations would further enhance the trade volume. “Business community of both sides should visit each other to find different exportable items for their countries.”

Published in The Express Tribune, March 31st, 2017.

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