https://en.sputniknews.africa/20251111/uae-chad-sign-memoranda-of-understanding-to-develop-economic-cooperation-reports-say-1080368186.html
UAE, Chad Sign Memoranda of Understanding to Develop Economic Cooperation, Reports Say
UAE, Chad Sign Memoranda of Understanding to Develop Economic Cooperation, Reports Say
Sputnik Africa
MOSCOW (Sputnik) - The UAE–Chad Trade and Investment Forum is the first under Chad's national development plan 2030, which aims to attract $30 billion in... 11.11.2025, Sputnik Africa
2025-11-11T07:32+0100
2025-11-11T07:32+0100
2025-11-11T07:32+0100
sub-saharan africa
chad
united arab emirates (uae)
central africa
economy
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The United Arab Emirates and Chad signed 18 memoranda of understanding on economic cooperation on the sidelines of the bilateral trade and investment forum in Abu Dhabi, Emirati media reported. The signed memoranda of understanding cover key economic sectors, including energy, infrastructure, and industry, opening up new opportunities for trade and investment and strengthening cooperation between the two countries, the report said on Monday. An additional 21 memoranda were signed between Chad and various international organizations and other partners, the report added.
chad
united arab emirates (uae)
central africa
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chad, united arab emirates (uae), central africa, economy
chad, united arab emirates (uae), central africa, economy
UAE, Chad Sign Memoranda of Understanding to Develop Economic Cooperation, Reports Say
MOSCOW (Sputnik) - The UAE–Chad Trade and Investment Forum is the first under Chad's national development plan 2030, which aims to attract $30 billion in foreign investment.
The United Arab Emirates and Chad signed 18 memoranda of understanding on economic cooperation on the sidelines of the bilateral trade and investment forum in Abu Dhabi, Emirati media reported.
The signed memoranda of understanding cover key economic sectors, including energy, infrastructure, and industry, opening up new opportunities for trade and investment and strengthening cooperation between the two countries, the report said on Monday.
An additional 21 memoranda were signed between Chad and various international organizations and other partners, the report added.
"In its first year, our five-year plan will mobilize $20.5 billion in financing, which suggests that the $30 billion target is achievable. To realize this result, I call for the resolute pursuit of reforms, particularly those aimed at reducing bureaucracy and significantly improving the business climate," President Mahamat Idriss Deby Itno said in a statement.
