The French Chamber of Commerce and Industry in Bahrain (FCCIB) and the Movement of the Enterprises of France International (MEDEFI) have signed a memorandum of understanding. The agreement facilitates collaboration between the two entities, through visits of business delegations in Bahrain and France, promoting each other’s activities and sharing network, knowledge and competencies. The MoU was signed by FCCIB chairman Jean Christophe Durand and MEDEFI president Frédéric Sanchez. A representative organisation of the French private sector at an international level, MEDEFI was created in 1989 by French business confederation MEDEF. MEDEFI gathers about 7,100 French companies operating globally, in 85 business councils headed by 55 CEOs of major international French companies.