The Asian-African Chamber of Commerce & Industry (AACCI) and Indian Chamber of Commerce in Slovakk Republic (INDCHAM) signed the Memorandum of Understanding (MOU) on 22 November 2018 during Innovation Summit at Chennai.
The MOU was signed by Dr G D Singh, Founder & Chairman, AACCI and Rakesh Taurani, President & CEO, INDCHAM.
Under the MOU, AACCI & INDCHAM will strengthen business relations and develop reciprocal Co-operation and to establish a practical framework to facilitate the development of stronger business relations between the two Chambers.
AACCI & INDCHAM will develop strong institutional, trade and business relations between themselves, in order to establish a sustainable mechanism of dialogue and platform for discussions.
The signing of this MOU enables the two chambers to institutionalize the industrial collaboration mechanism and platform, which, in turn, helps to enhance closer ties in the fields of industry, investment and technical cooperation on an equal and mutually-beneficial basis. This will be instrumental in assisting Asian-African & Slovak Republic companies to tap the ever-growing global market and create business opportunities.