The Dubai Chamber of Commerce and Industry (Dubai Chamber) signed a memorandum of understanding (MoU) with the Confederation of Businesses from the Community of Portuguese Speaking Countries (CE-CPLP), to enhance cooperation between the two organisations.
The document was signed on the sidelines of the Global Business Forum Africa (GBF) 2021, taking place at Expo 2020 Dubai, by H.E. Hamad Buamim, President and CEO of Dubai Chamber and Salimo Abdula, President of the CE-CPLP.
The agreement seeks to create a business framework to bolster business deals between the two organisations as well as make for better cooperation procedures and investment opportunities to all countries encompassed by the Confederation of Businessess and Dubai Chamber.
H.E. Buamim said: “Dubai Chamber is very eager to work with the countries we believe we need to do more with, and sometimes the language can be a barrier. Hopefully with this partnership we will break these barriers and will be able to expand even further. I believe we have succeeded with certain countries, but there are many other countries that hopefully with partnerships with organisations like the CE-CPLP, we will be able to also grow their numbers.”
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Mr. Salima Abdula stated: “It is a great honour for us to be here in this Global Forum organised by the Dubai Chamber. The expertise of the Dubai Chamber will be very useful for all the lusophone countries, especially in Africa. We are six countries in Africa, and we want to strengthen cooperation with the Dubai Chamber to bring solutions, for instance on how we can develop the resources we have in Africa and add value to these resources and also to bring infrastructure solutions and enable the full potential of these countries to trade globally. That is our aim, and it is a great opportunity to be able to sign this memorandum of cooperation with the Dubai Chamber.”
The sixth edition of GBF Africa is the first of three Global Business Forums organised by Dubai Chamber in partnership with Expo 2020 Dubai. Over the last five editions of GBF Africa, the forum has brought together more than 6,000 participants, 22 African presidents and 120 African ministers, who held more than 1,150 bilateral investment meetings.