Ajman Chamber, South African Consulate boost trade, investment ties

Ajman Chamber, South African Consulate boost trade, investment ties-GCC Business News
Image Credits: WAM | Cropped by GBN
By Arya S Nair, Desk Reporter
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The Ajman Chamber of Commerce and Industry and the South African Consulate discussed strengthening economic cooperation, expanding bilateral trade and investment, and exploring collaboration in the industry, tourism and education sectors during a meeting at the Chamber’s headquarters.

The meeting brought together Salem Al Suwaidi, Director-General of Ajman Chamber, and Ndhuma Richard, Acting Head of the South African Consulate, along with senior officials from both sides.

Al Suwaidi welcomed the delegation and praised the growing bilateral relations between the UAE and South Africa, particularly in the economic sector and bilateral trade. He reaffirmed Ajman Chamber’s commitment to strengthening cooperation with the South African business community to expand international economic relations and build partnerships that support trade and investment growth.

During the meeting, Ajman Chamber showcased the emirate’s investment opportunities across the industrial, trade, tourism, healthcare, logistics, technology and real estate sectors, highlighting its strategic location, business-friendly environment and integrated infrastructure.

The two sides also reviewed opportunities for cooperation in the education sector, including participation by South African universities and educational institutions in the next Ajman International Education and Training Exhibition in 2027.

The exhibition was highlighted as a platform for building academic partnerships and exchanging expertise in line with the continued growth of Ajman’s education sector. Tourism cooperation also featured in the discussions, with both sides exploring ways to capitalize on the tourism potential of the UAE and South Africa.

The meeting underscored the importance of exchanging economic information and statistics and organizing specialized business forums to connect investors and business leaders from both countries, supporting the identification of investment opportunities and strengthening economic partnerships.

Richard affirmed the importance of strengthening economic cooperation with Ajman, highlighting South Africa’s diverse economic attributes, including its infrastructure, diversified industrial sector, and rich natural resources, which open promising horizons for the Ajman business community to benefit from the investment and trade opportunities across various sectors.

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