RAWALPINDI: (APP) The Rawalpindi Chamber of Commerce and Industry (RCCI) and Bahrain Chamber of Commerce (BCCI) Thursday signed a Memorandum of Understanding (MOU) on the sidelines of Pak-Bahrain Business Opportunities Conference.
President RCCI, Raja Amer Iqbal and Chairman BCCI Khalid Rahman signed and exchanged documents at a ceremony attended by Government officials, Chamber representatives including Federal Commerce Minister Khurram Dastgir Khan, Pakistan's Ambassador to the Kingdom of Bahrain Javed Malik, Group leader RCCI Sheikh Muhammad Shabir, Sohail Altaf and members' of the executive committee.
Speaking on the occasion, Raja Amer Iqbal said objective of the MOU was to promote bilateral trade ties between the chambers and mutual benefit of the business communities of the two countries.
The two Chambers will cooperate to establish and develop direct and effective business relations between their respective members and to facilitate arranging business to business (B2B) meetings on reciprocal basis.
Under the agreement, both chambers will assist each other in organizing exhibitions, conferences, seminars, international fair, research and development, information sharing, mutual trade and joint ventures.
The Chamber President said this was a great achievement and milestone for RCCI for promoting bilateral trade ties between the two countries.
Exchange of trade delegations would further enhanced the trade volume between Bahrain and Pakistan, he added.
"Business community of both sides should visits each others to find different exportable items for their countries", he said.