Sharjah Chamber Launches Trade Mission to Strengthen Ties with…

The Sharjah Chamber of Commerce and Industry has initiated a trade mission to Kenya and Uganda from November 11th to 14th, led by Chairman Abdallah Sultan Al Owais. The mission intends to enhance trade relations between the UAE and East Africa, featuring investment forums, workshops, and direct meetings to promote collaboration in vital sectors such as oil, construction, logistics, and food. This initiative is indicative of the growing economic partnership, with significant trade figures recorded between the UAE and these nations.

The Sharjah Chamber of Commerce and Industry, through the Sharjah Exports Development Centre, is embarking on a trade mission to Uganda and Kenya from November 11th to 14th. This initiative, spearheaded by Chairman Abdallah Sultan Al Owais, aims to bolster trade relations between the UAE and East African countries, specifically targeting sectors such as oil, construction, logistics, and food. The delegation’s inaugural event in Kenya features an investment forum comprising workshops and panel discussions designed to unveil investment opportunities. Following this, attendees will participate in individual meetings to cultivate business collaborations between Emirati and Kenyan entrepreneurs. The team will then travel to Uganda for another investment forum focusing on advancements in the infrastructure and oil industries, supplemented by site visits to local enterprises. This trade mission underscores the expanding economic partnership between the UAE and East Africa, where non-oil trade with Kenya surpassed $3 billion in 2023, and trade with Uganda has also seen significant growth in recent years.

The growing economic ties between the UAE and East African nations signify a strategic collaboration aimed at enhancing bilateral trade and investment. The Sharjah Chamber’s trade mission manifests this commitment, highlighting sector-specific potential in oil, construction, logistics, and food, which are crucial areas of interest in today’s global economy. By engaging in forums and direct business meetings, the mission endeavors to create equitable opportunities for entrepreneurs on both sides, further solidifying economic networks.

In summary, the Sharjah Chamber of Commerce and Industry’s trade mission to Kenya and Uganda represents a significant advancement towards strengthening bilateral trade relations with East Africa. By focusing on critical sectors and facilitating direct engagement between business leaders, this initiative is poised to foster economic growth and collaboration, aligning with the UAE’s broader strategic objectives in the region.

Original Source: www.dubaieye1038.com