Sharjah, Belarus explore ways to boost economic, investment ties - GulfToday

Sharjah, Belarus explore ways to boost economic, investment ties


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

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.

Evgeny Lazarev, in turn, underscored his country’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 explore means of enhancing economic cooperation 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.

Present at the meeting were Mohammed Ahmed Amin Al Awadi, Director-General of the SCCI, and several department directors of the Sharjah Chamber.

While welcoming the delegation, Al Owais touched on the constructive bilateral relations between the emirate and the Central American countries and means of advancing these relations through innovative 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 attractive 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 UAE-Russian economic relations, enhancing cooperation 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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