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SCCI, Indonesian Ambassador discuss investment relations

The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to boost economic cooperation with the Embassy of the Republic of Indonesia in the UAE.

Discussions delved into prospects for strengthening trade and investment relations between the private sectors of the UAE, particularly the Emirate of Sharjah, and Indonesia. Leveraging the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries, the talks also focused on fostering business-to-business cooperation and promoting participation in international exhibitions hosted by both nations.

The talks were held during a business meeting between Abdallah Sultan Al Owais, Chairman of SCCI, and Husin Bagis, the Indonesian Ambassador to the UAE.

Also present at the meeting that took place at the Sharjah Chamber’s headquarters were Mohammed Ahmed Amin Al Awadi, Director-General of the Chamber, and Fatima Khalifa Al-Muqrab, Head of the International Relations Department at SCCI, along with other officials from both sides.

D
uring the meeting, the Sharjah Chamber, represented by the Sharjah Exports Development Centre (SEDC), received an official invitation to attend the 39th Trade Expo Indonesian exhibition, hosted by the Indonesian Ministry of Trade from 9th to 12th October 2024.

The meeting also discussed the preliminary preparations for Sharjah’s participation in the 40th version of Trade Expo Indonesia to represent the emirate on a larger scale.

The two sides explored the possibility of organising an informative investment seminar next year in collaboration between the Sharjah Chamber and the Indonesian Trade Promotion Centre in Dubai. The seminar aims to promote investment opportunities available in various key business sectors in both Sharjah and Indonesia, while leveraging the facilitation and advantages provided by CEPA terms.

The meeting concluded with a call to action for the business communities in both countries, urging them to capitalize on the available opportunities to reinforce cooperation between the two sides
.

Such efforts are expected to significantly contribute to sustainable economic growth and prosperity in both countries across various fields, including trade and investment.

Source : Emirates News Agency