Sharjah Chamber of Commerce and Industry recently received a delegation from the state of Florida, USA, to discuss ways to enhance trade exchange and stimulate investments and help strengthen the UAE-US economic relations. The United Arab Emirates currently holds the largest share of the total Arab investments in the US markets, as evident in the volume of mutual investment.
The US delegation comprised Michael Udine, Broward County Mayor, Dean Trantalis, Mayor of Fort Lauderdale, Wayne Messam, Mayor of Miramare of Florida, and a number of representatives from the private sector.
The delegation was received by HE Abdullah Sultan Al Owais, Chairman, HE Mohammed Ahmed Amin Al-Awadi, Director-General, Abdulaziz Shattaf, Assistant Director-General for the Communication and Business Sector, and Fatema Khalifa Al Muqarrab, Director of the International Relations Department, along with various Chamber officials.
Al Owais noted: “By facilitating Emirati and American companies' access to promising opportunities in the two nations' marketplaces, the meeting will help strengthen the UAE-US trade and investment partnership.” He added that bilateral commercial business witnessed a big leap in 2021, reaching AED84.5 billion ($23.03 billion), compared to AED 65.43 billion dirhams ($17.8 billion) in 2020.
Al- Owais added that this clearly reflects the strength of bilateral economic, investment and trade relations, based on an outstanding model that serves common.
HE Mohammed Ahmed Amin Al-Awadi, Director-General, praised Sharjah's economic landscape and its appealing investment facilities and services provided.
The visiting delegation expressed their wish to increase cooperation between the business communities in Florida and Sharjah emirate and stressed the need to increase investment opportunities.