IBC Sings Amemorandum Of Understanding (MOU) with Indian

On Wednesday June 6th, 2012 IBC held a ceremony at IBC Hall on the occasion of signing an MOU with the Indian Engineering Export Promotion Council (EEFC).

Ambassador, Mr. Radha Ranjan Dash, Indian Embassy First Secretary, Mr. Servit Singh, EEPC Deputy, Mrs. Jaya Passo and the visiting delegation of EEPC companies.

IBC was represented by its Chairman, Dr. Majid Sadi, General-Secretary, Mr. Saad Naji, and a number of IBC members; Dr. Fakhri Reshan, Faisal Sadoun, Tamara Daghistani and Mr. Abdul Hakim Qaisi.

EEPC Representative, Mrs. Jaya Passo, signed an MOU relating to promoting economic cooperation and trade exchange between Indian companies and companies owned by IBC members.

During the meeting memorial gifts were exchanged.

Also, during the meeting HE the Indian Ambassador expressed interest of Indian companies to recognize investment opportunities in Iraq, their intention to find business partnerships and willingness to provide many services in all fields; amongst which engineering techniques and Indian technology exported worldwide.

HE the Ambassador lauded IBC efforts aiming at expanding economic activities of Iraqi investors through intercommunication with Embassies, Commercial Consulates and Diplomatic Corps, and supporting all activities that contribute to strengthening trade exchange.

Dr. Maji Sadi, IBC Chairman, made a presentation on trade activities of companies owned by IBC members and available investment opportunities between Indian and Iraqi companies inside and outside Iraq.

Dr. Majid Sadi, representing IBC, and Mrs. Jaya Passo, EEPC representativwe, signed an MOU appertaining to promoting economic cooperation and trade exchange between Indian companies and companies owned by IBC members.