ACC, Federation of Indian Export Organisations sign MoU

AMMAN — Amman Chamber of Commerce (ACC) on Monday signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) to boost commercial and economic cooperation between the two sides. The MoU, signed by ACC President Issa Murad and FIEO Joint Deputy Director General Chandranath Som, seeks to develop areas to increase joint commercial and investment cooperation, and to encourage Jordanian and Indian companies to set up joint ventures. Under the MoU, the two sides will work to enhance cooperation in local marketing services, including recommendations on goods’ prices and the size of demand. The ACC and the FIEO will also work together to organise exhibitions, meetings and workshops to advance and strengthen the Jordanian-Indian commercial ties, besides exchanging information on important economy-development issues. Murad described the MoU as a positive step that can develop bilateral relations between Jordan and India.