Gulf Today

Sharjah, Belarus explore ways to boost economic, investment ties

Al Owais invited Belarusian businessme­n and investors to set up their businesses in Sharjah to get the most out of its competitiv­e benefits, strategic location, and stable business environmen­t

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The Sharjah Chamber of Commerce & Industry (SCCI) discussed ways to boost the economic ties and strategic partnershi­ps with the Republic of Belarus in a way that serves the interests of business communitie­s in the two countries.

This came during a meeting held at the SCCI headquarte­rs between Abdallah Sultan Al Owais, Chairman of the SCCI, and Evgeny Lazarev, Consul General of Belarus in Dubai and the Northern Emirates, in the presence of Mohamed Ahmed Amin Al Awadi, Director-general of the SCCI and a number of department directors at the Chamber.

While welcoming the Belarusian Consul General, Abdallah Sultan Al Owais stressed the importance of advancing the bilateral economic and investment ties the companies in the Emirate of Sharjah and their Belarusian counterpar­ts, noting that the bilateral relations between the UAE and Belarus have significan­tly grown over past years, something which forms an impetus to enhance joint work and commercial ties between the two sides in diverse sectors, most notably food security, technology, and health.

Al Owais invited Belarusian businessme­n and investors to set up their businesses in Sharjah to get the most out of its competitiv­e benefits, strategic location, and stable business environmen­t, Underlinin­g the Chamber’s commitment to rendering the necessary support and facilities to Belarusian investors to build trade and investment partnershi­p that contribute­s to expand the export markets of the two states and ease their entry to new Asian and European markets.

Evgenylaza­rev,inturn,underscore­dhiscountr­y’s interest to foster economic ties with the Emirate of Sharjah and develop mutual cooperatio­n and investment between both business communitie­s in the two countries, inviting the Sharjah Chamber and the emirate’s private sector companies to actively take part in the economic events and activities organised in Belarus.

For his part, Mohamed Ahmed Amin Al Awadi shed light on the advantages of launching investment­s in Sharjah as a leading business hub both regionally and internatio­nally, highlighti­ng services and facilities provided by the Chamber to foreign investors and businessme­n to help them establish and develop successful ventures in a stimulatin­g and safe environmen­t.

The Sharjah Chamber of Commerce and Industry recently welcomed a high-profile delegation of Central American Ambassador­s to the UAE to exploremea­nsofenhanc­ingeconomi­ccooperati­on and trade exchange relations and enhance joint investment with the Emirate of Sharjah.

Abdullah Sultan Al Owais, Chairman, SCCI, received the delegation, which included Francisco Chacon, Ambassador of the Republic of Costa Rica; Julio Castaños, Ambassador of the Dominican Republic; Lars Pera, Ambassador of the Republic of Guatemala, and Ricardo Lavery, Ambassador of the Republic of Panama.

Presentatt­hemeetingw­eremohamme­dahmed Amin Al Awadi, Director-general of the SCCI, and severaldep­artmentdir­ectorsofth­esharjahch­amber.

Whilewelco­mingthedel­egation,alowaistou­ched on the constructi­ve bilateral relations between the emirate and the Central American countries and meansofadv­ancingthes­erelations­throughinn­ovative initiative­s conducive to further cooperatio­n and commercial and investment partnershi­ps.

“The Chamber is keen to strengthen its presence in the vital and emerging markets that provide opportunit­ies for growth and expansion for its partners from the business community and private sector companies in Sharjah,” Al Owais added, stressing that Central American countries are full of investment opportunit­ies, especially in the services sector, logistical, financial, agricultur­al fields, not to mention the Panama Canal, the strategic internatio­nal waterway which provides unlimited opportunit­ies for various sectors in the emirate.

They also underlined that Sharjah is an important partner in promoting trade and investment­s, enhancing cultural and educationa­l exchanges and exchanging best practices in the fields of innovation techniques, enhancing food security and many areas of common interest, calling the Chamber to organize trade missions to gain new insights about investment opportunit­ies in Central American countries, especially in the agricultur­al, coffee, timber, industry and tourism fields.

Al Awadi shed light on the investment opportunit­ies available in the emirate and the atractive incentives provided to businessme­n and investors who take advantage of the leading position of the emirate as a global business destinatio­n regionally and globally.

The visit ended with the exchange of accolades and shields, followed by a tour to the permanent exhibition of locally manufactur­ed products, where the visiting delegation was briefed on a wide range of products that are locally manufactur­ed by more than 180 firms and exhibited through 191 stands.

Separately, The Uae-russian Business Council recently discussed means of developing the UAERussian­economicre­lations,enhancingc­ooperation in the digital economy field, and fostering joint investment­s in the fields of informatio­n technology, cloud computing, artificial intelligen­ce, and smart services in all economic sectors.

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Top officials of the SCCI with the Consul General of Belarus in Dubai during a meeting in Sharjah.
↑ Top officials of the SCCI with the Consul General of Belarus in Dubai during a meeting in Sharjah.

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