According to Amac News: According to the announcement, this contract was signed by Mohammad Ali Rashid Lootah, President and CEO of Dubai Chambers and Vincent Subilia, Director General of Geneva Chamber of Commerce, Industry and Services, in the presence of heads and officials of both sides.
The announcement stated that the purpose of this memorandum is to strengthen cooperation between private sector companies in Dubai and Geneva.
Based on the declaration, according to the terms of this memorandum, companies based in Geneva will benefit from the competitive advantages of Dubai as a global export center and a promising investment destination, and at the same time, companies based in Dubai will continue their activities. It will expand to Geneva in key trade and investment sectors.
In addition, the agreement specifies the joint development of a platform for cross-cultural training and capacity building for doing business in different cultures and languages.
The CEO of Dubai Chambers said that this agreement demonstrates the Chambers' commitment to strengthening cross-border partnerships between the business community in Dubai and around the world.
On the other hand, Vincent Subilia, Director General of the Geneva Chamber of Commerce, Industry and Services, said: This agreement consolidates our long-term relationship with a leading institution in the powerful global network of chambers of commerce, the driving force of innovation in Dubai.