UAE’s SCCI explores ways to strengthen economic ties with Guatemala

By Shilpa Annie Joseph, Desk Reporter
  • Follow author on
SCCI
Representational Image

The Sharjah Chamber of Commerce & Industry (SCCI) has discussed means to strengthen bilateral ties with Mr. Lars Pera, Ambassador of the Republic of Guatemala to the UAE, and Mr. Jose Bassila, Commercial Counsellor at the Embassy of Guatemala.

The meeting highlighted the necessity of leveraging the two countries’ strong relations to encourage joint investments in a variety of sectors, including food security, waste management, and natural tourism.

The visiting delegation was received by HE Abdullah Sultan Al Owais, Chairman of the SCCI, Mr. Mohammed Ahmed Amin Al Awadi, Director-General at SCCI, and Ms. Fatima Al Mokarrab, Director of the SCCI International Relations Department.

The two parties agreed to have a coordination meeting with the SCCI counterpart in Guatemala and discussed establishing a memorandum of understanding (MoU) to strengthen and expand bilateral cooperation on all levels.

Abdullah Sultan Al Owais
Abdullah Sultan Al Owais
Chairman – SCCI

“The Emirate of Sharjah has enormous competitive advantages which make it one of the top business destinations in the region. It includes a flexible and stimulating legislative system for business growth, a sophisticated infrastructure, and a strategic location in the middle of the major world markets. Sharjah Chamber is playing an important role 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.”

Mr. Pera has offered an invitation to Emirati businesses and investors to organize a trade mission to Guatemala, reiterating his country’s commitment to providing all the support and facilities for the success of their investments.

For his part, Mr. Al Awadi has stated that the Sharjah Chamber is eager to enter the Central American markets as a fertile market for agricultural and food products, as well as services, logistics, and financial sectors.

He further added that the SCCI is eager to expand its presence in critical and rising markets in the emirate, which offers potential for growth and expansion for its business community and private sector partners.

Related: UAE-Russia’s virtual forum explores trade, investment opportunities


YOU MAY LIKE