The BSE Brokers Forum has inked a pact with Indo Arab Chamber of Commerce and Industries and Indo Africa Chamber of Commerce and Industries to facilitate cross-border access for its member brokers who seek business opportunities in Arab and African nations.
Besides, the memorandum of understanding will help Gulf companies and African companies to do business in Indian markets.
The BSE brokers forum members would have access to all Arab countries and the whole of African continent.
"The MoU with Indo Arab and Indo Africa is a landmark achievement since it opens new gateway of business opportunities for our members and also for companies in Arab region and Africa region to enter Indian markets," BSE Brokers Forum chairman Siddharth Shah said in a statement.
"In light of International Financial Centre and International Stock Exchange coming up, this is the most apt time for the MOU," he added.
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