Bahrain Chamber of Commerce & Industry signs MoU with AIAI to promote bilateral trade

All India Association of Industries (AIAI)  signed a Memorandum of Understanding (MoU)  with the Bahrain Chamber of Commerce & Industry. The MoU was  signed between  Mr. Vijay Kalantri, President – AIAI and Dr. Esam Abdulla Fakhro, Chairman, Bahrain Chamber of Commerce & Industry.

 The highlights of the MoU are:

 a)      Exchange of trade and investment related information in order to promote international trade and investments,  between the concerned  countries.

b)      Exchange of business proposals for joint ventures, collaborations, technology transfers.

c)      Promote the exchange of trade missions between India and Bahrain and set up business contacts.

d)   Wherever possible and appropriate, to exchange information and assist each other in the organization of/or participation in international fairs, exhibitions and trade promotion events to be held in their respective countries and assist and encourage their members in participating in such events.

Mr. Kalantri, President, All India Association of Industries (AIAI) remarked that the signing of MoU will enhance co-operation between India and Bahrain.

May 10, 2014

Afternoon DC