The Federation of UAE Chambers of Commerce and Industry (FUCCI) has signed a Memorandum of Understanding (MoU) with the Malta Chamber of Commerce, Enterprise and Industry, official sources said on Monday, January 24,
The MoU is expected to help both parties expand economic, trade, and industrial cooperation.
It is also expected to encourage Emirati and Maltese businesses to form new partnerships.
Abdullah Mohamed Al Mazrouei, chairman of the federation, signed the MoU on behalf of the FUCCI, whereas Marisa Xuereb, president of Malta Chamber, signed the document on behalf of her organization.
Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, attended the signing ceremony, along with Camilleri Calleja, Ambassador of Malta to the UAE, and Hameed Mohamed bin Salem, Secretary-General of the FUCCI.
Commenting on the occasion, Al Mazrouei said the MoU would strengthen the cooperation between Emirati businesses with their counterparts in Malta
He also expressed high hopes that the MoU would increase joint trade and investment cooperation between the two sides.
Al Mazrouei pointed out that FUCCI would boost its communications with the Malta Chamber to coordinate visit exchanges and sharing of information on economic and trade events in both countries.
For her part, Xuereb expressed her pleasure in signing the MoU.
She pointed to the need to increase cooperation between the two countries in all sectors, especially the economic and trade ones.