Closer Kerala ties
Ras Al Khaimah Free Trade Zone (RAK FTZ) has signed a Memorandum of Understanding (MoU) with Kerala Chamber of Commerce and Industry.
Osama Al Omari, CEO of RAK FTZ, and E.S. Jose, President of the Chamber, signed the MoU.
Al Omari said this was the first ever MoU the zone had signed with any chamber of commerce in India. The state of Kerala plays a significant role in the foreign direct investment of the Ras Al Khaimah.
The Kerala Chamber of Commerce will actively promote RAK Free Zone’s various investment schemes among the state’s business community and liaise with the Government of Kerala and other business groups to set up business ventures.