The federal government and the Arab Chamber of Commerce have signed am emorandum of understanding (MoU) to facilitate collaboration for the upcoming Expo 2020 Expo 2020.
Director of press and public relations, Ministry Of Industry, Trade And Investment, Ibrahim Haruna, who disclosed this in a statement, quoted the minister, Niyi Adebayo, as having said that the MoU was not limited to the area of trade forum alone.
He said Adebayo, who was represented by the legal director, Danjuma Alhassan, said the agreement would strengthen business relationships and promote enhanced trade relations between Nigeria and Gulf countries.
The statement also indicated that the MoU would further enhance the dissemination of vital market information, host conferences, seminars
and business forums.
“To boost business opportunities and funding of the upcoming Expo 2020 Dubai, the agreement would formalise a collaborative business relationship between the ministry and Nigerian Arabian Gulf Chamber of Commerce.
“Cultural and socio-economic forum between Nigeria and all the Gulf Cooperation Council Countries (GCCC) is aimed at the promotion and facilitation of economic relationship between Nigeria and Arabian Gulf Countries especially in the area of trade information and financial and technical support,” Adebayo said.
The expo, originally scheduled to run between October 20, 2020 and April 10, 2021, will now hold March 31, 2022, in the United Arab Emirates (UAE) due to the COVID-19 pandemic.
