The Sharjah Chamber of Commerce and Industry (SCCI) signed a memorandum of understanding with the Torino Chamber of Commerce and Industry in Italy, with the aim to strengthen trade relations, develop mutual cooperation, as well as promote and encourage investment opportunities available on each side.
The signing of the agreement came on the sidelines of the SCCI's participation as a diamond sponsor in the 12th World Chambers Congress taking place at Jumeirah, Dubai.
Under the agreement, the two sides will encourage the exchange of trade delegations and discussions in the fields of export and economy and support follow-up visits for this purpose. The MoU also aims to establish and expand a commercial network that facilitates the exchange of business opportunities available in the two countries and between members of the two chambers,
The agreement provides for the exchange of commercial data and statistics, activation of joint research activities, and participation in the economic activities, exhibitions, and conferences of each side.
"The MoU is an affirmation of the correctness of our decision to take part in this flagship event, through which we wanted to promote the pioneering business environment in Sharjah, highlight the investment opportunities available in various economic sectors, and introduce the services, facilities, and initiatives provided by the Chamber to the business community in Sharjah," said HE Abdullah Sultan Al Owais.
Many international delegations participating in the conference have flocked to the SCCI stand, in addition to organizing meetings between Abdullah Sultan Al Owais and a number of representatives of chambers of commerce from different countries of the world.
The Sharjah Chamber chairman met with Abdullah Mohammed Al Mazrouei, President of the Federation of Emirates Chambers and President of the Abu Dhabi Chamber of Commerce and Industry, and with Dr. Al Fadl Al Hinai, CEO of the Oman Chamber of Commerce and Industry.
The meetings discussed opportunities for economic cooperation and support for partnerships in various sectors and ways to organize meetings between businessmen with the aim of forging partnerships and exchanging experiences and visits.