NEW DELHI: The Afghanistan Chamber of Commerce & Industries (ACCI) and the Federation of Indian Chambers of Commerce & Industry (FICCI) today signed a MoU to set up an Afghanistan-India Chamber of Commerce and Industry (AICCI) comprising businessmen and industrialists of the two countries.
The MoU was signed by Dr. Jyotsna Suri, President, FICCI and Mr. Khan Jan Alokozai, Senior Vice-Chairman, ACCI. The objectives of the newly constituted AICCI are to further the development of bilateral economic relations by providing a regular forum for businessmen of both countries to meet, discuss and explore business opportunities in trade, investment, transfer of technology and furtherance of all other economic activities. It will also be the platform for business-government interaction in the respective countries.
The AICCI will conduct the following activities in furtherance of the aforementioned objectives: Exchange of information pertaining to Government policies and rules and regulations concerning trade, investment and other related areas between the two countries. Share economic data of relevance to each other.
Identify bottlenecks in the expansion of bilateral economic cooperation and recommend ways and means for removal of irritants to the respective Governments. Cooperate to increase trade, investment, technology transfer, infrastructure development and other such areas which are jointly identified from time to time to enhance economic cooperation.
To support and encourage participation by the business community in exhibitions and trade fairs to be held in Afghanistan and India. The cost of participation will be borne by individual exhibitors.
