Vijayawada, July 21 -- The Andhra Pradesh Economic Development Board (AP EDB) has signed a Memorandum of Understanding (MoU) with the UAE Food Cluster to promote investments, trade and exports in the food processing sector.
The MoU was signed here on Tuesday in the presence of Chief Minister N Chandrababu Naidu and UAE Minister of Economy and Tourism, Abdulla Bin Touq Al Marri in pursuance of key commitments made during this year's World Economic Forum in Davos.
The agreement aims to facilitate large-scale exports of Andhra Pradesh's horticultural produce to international markets while encouraging UAE-based companies to invest in food processing and related industries in the state. A UAE delegation also held discussions with the Chief Min...