Abu Dhabi Chamber explores economic & trade cooperation with Rwanda

By Shilpa Annie Joseph, Official Reporter
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The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has discussed trade cooperation and economic partnerships between businesses with the Embassy of Rwanda in Abu Dhabi.

According to the statement, the two sides discussed the available investment opportunities in both countries. They also discussed building strong and distinguished trade partnerships as well as the growth and prosperity of their respective economies.

Mohamed Helal Al Mheiri
Mohamed Helal Al Mheiri

“Economic relations between the UAE and Rwanda witnessed unprecedented development over the past several years, which is reflected on the trade movement between the two countries, especially in trade, technological, tourism, and educational sectors. there are numerous cooperation agreements signed between the two countries on avoidance of double taxation as well as agreements to protect investments and improve investors’ credibility in both countries’ economies. We, at the Abu Dhabi Chamber, are completely ready to support the economic relations between Abu Dhabi and Rwanda and to coordinate business meetings to explore the available business opportunities in both countries.”

During the meeting, Mr. Al Mheiri stated that Abu Dhabi is eager to explore promising African markets and form new ties with its Rwandan counterparts.

Furthermore, Mr. Al Mheiri briefed the visitors about the features of the business environment in Abu Dhabi such as the ease of setting up businesses and the encouraging legislative system for foreign investors as well as the logistics, infrastructure, and economic incentives.

Mr. Emmanuel Hategeka, Ambassador of Rwanda to UAE, emphasized the strong economic ties that exist between Abu Dhabi and Rwanda.

The Ambassador added that “Rwanda was successful in making numerous achievements that helped in attracting foreign investments, making it a pioneer in African tourism.”

Furthermore, Mr. Hategeka pointed to the available investment opportunities in Rwanda, especially in the energy sector, manufacturing, ICT, mining, infrastructure, and tourism.

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