November 29, 2015

UAE, Jordan sign MoU to enhance cooperation in innovation, research and SMEs

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Sunday 29 Nov 2015 - 10:59 Makkah mean time-17-2-1437

Abu Dhabi (IINA) – The United Arab Emirates and Jordan signed a memorandum of understanding (MoU) on wide-ranging cooperation between the two countries in the fields of innovation and research, and developing small and medium enterprises (SMEs).
The three-year agreement, signed in Amman by UAE Minister of Economy Sultan bin Saeed Al Mansouri and Jordanian Minister of Industry, Trade and Supplies Maha Ali, aims to build a long-term strategic alliance between the two sides, Emirates News Agency (WAM) reported.
The agreement will look into preparing a work plan to identify further areas of cooperation and encourage government entities, business development centers and private sector organizations to set up joint projects among SMEs focusing on technological innovation. It will also facilitate access to sources of funding, help SMEs explore viable market opportunities, and enable exchange of information on intellectual property rights pertaining to SMEs in both countries.
AB/IINA
 

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