The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Kuwait Chamber of Commerce and Industry (KCCI) concluded a memorandum of understanding (MoU) in Kuwait yesterday to promote trade and economic cooperation between the two countries.
FBCCI President Mir Nasir Hossain signed the MoU n behalf of FBCCI.
The MoU, which contains seven clauses, provided that both the parties will cooperate with each other in the endeavour to establish and develop direct and effective business relations between their respective members. They will exchange information on the possibilities of promoting mutual trade and supply their own publications and other relevant materials, according to a press release.
Both the parties will assist the enterprises in their countries to participate in the business under joint venture in organisng national exhibitions, international fairs and specialized exhibitions.
