Sharjah Chamber of Commerce and Industry (SCCI) has received diplomatic delegations from Guatemala and Indonesia to further strengthen economic ties and explore investment opportunities. The discussions primarily focused on amplifying bilateral relations in industry, agriculture, food security, livestock, and more, as well as broadening trade exchanges and organising events to promote local products and markets.
Welcoming the Indonesian delegation, Abdullah Sultan Al Owais, Chairman, stressed that the UAE and Indonesia share strong and deeply rooted relations, as evidenced by the comprehensive economic partnership agreement between the two nations.
He noted that Sharjah Chamber is committed to fostering this partnership through collaborative efforts with the embassy, thereby enhancing the scope of economic and trade cooperation and investment opportunities.
He further invited Indonesian businessmen to visit Sharjah to see progress in existing projects as well as experience the exceptional facilities and privileges the emirate offers to prospective investors in various sectors.
Husin Bagis, Ambassador of Indonesia to the UAE, reciprocated by expressing his interest in expanding work with the Chamber to facilitate dialogue among business owners and commercial representatives in order to delve into new investment areas, increase trade and investment rates between the two sides, and boost the economic development of both countries.
Bagis also invited the Sharjah Chamber members to participate in the forthcoming "Expo Indonesia" in October, encouraging them to explore investment avenues and tourism opportunities in his home country.
In his meeting with the Guatemalan delegation, Abdullah Sultan Al Owais emphasised that the trade relations between the UAE and Guatemala are significantly expanding.
He also underlined the need to increase coordination between the Chamber and the embassy to explore new partnerships and bilateral economic relations by focusing on potential opportunities in renewable energy, agriculture, and food security.
Al Owais briefed the visitors on Sharjah’s competitive advantages, such as a flexible legislative system that encourages business growth, a strategic location, and an advanced industrial infrastructure that makes it a top business destination in the region.
He reaffirmed that the Chamber will spare no effort in assisting Guatemalan companies interested in investing in the emirate.
He also invited Guatemalan agricultural companies to take part in the upcoming Dhaid Date Festival, to be held in July at Expo Al Dhaid.
For his part, Willy Gomez, Ambassador of Guatemala to the UAE, stated that the meeting would serve as a pivotal platform for new joint ventures and advancing bilateral relations in various sectors, lauding Sharjah's keen interest to support the economic growth of Guatemalan companies through its attractive business environment and economic capabilities.
Gomez also referred to a memorandum of understanding signed in 2022 between the SCCI and several Guatemalan ministries, including economy, tourism, and investment, describing it as a considerable driving force for enhancing trade relations and stimulating economic cooperation between the business communities of both friendly nations.
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