Sharjah, Guatemala discuss boosting economic ties

Share
2 min read
Share
  • The two countries also discussed topics such as stimulating investments in food security, waste management, and natural tourism fields

  • They agreed to organize a coordination meeting with the SCCI counterpart in Guatemala

The emirate of Sharjah and the African country Guatemala recently discussed means to boost bilateral ties, besides topics such as stimulating investments in food security, waste management, and natural tourism fields, said local reports on Monday, June 7.

The discussions took place between the Sharjah Chamber of Commerce and Industry and Lars Pera, ambassador of Guatemala to the UAE, and Jose Bassila, commercial counselor at the Embassy of Guatemala, said the reports.

The two sides agreed to organize a coordination meeting with the SCCI counterpart in Guatemala and considered signing a memorandum of understanding to enhance cooperation at all scales.

Highlighting the importance of the meeting in enhancing the prospects of commercial and investment cooperation, Abdullah Sultan Al Owais, Chairman of SCCI, underlined that the Emirate of Sharjah has enormous competitive advantages which make it one of the top business destinations in the region.

This includes a flexible and stimulating legislative system for business growth, a sophisticated infrastructure, a strategic location in the middle of the major world markets.

Al Owais shed light on the role of the Sharjah Chamber in supporting those companies wishing to launch their businesses and investments in the emirate through the provision of all the necessary facilities and diverse services for the success of their business.

Pera, in turn, invited Sharjah’s business community to visit his country to learn closely about the potential investment opportunities, adding that Guatemala enjoys huge potentials in different sectors.

He also extended an invitation to Emirati businessmen and investors to organize a trade mission to Guatemala, affirming his country’s keenness to provide all the support and facilities for the success of their investments.

Mohammed Ahmed Amin Al Awadi, director-general of the SCCI, said the Sharjah chamber was keen to enter the Central American markets as a fertile market for agricultural and food products, as well as services, logistics, and financial sectors.

He noted that the chamber is keen to enhance its presence in the emerging markets that provide opportunities for growth and expansion for its partners from the business community and private sector companies in the emirate.

SPEEDREAD


Today's Headlines

The most important news stories of the day, curated by Post editors and delivered every morning.

Google reCaptcha: Invalid site key.

By signing up you agree to our Terms of Use and Privacy Policy.

MORE FROM THE POST