SCCI explores means of economic cooperation with South Korea
May 17, 2021 / 7:48 PM
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Sharjah 24: The Sharjah Chamber of Commerce & Industry, SCCI, held a virtual meeting with the Consulate General of the Republic of South Korea in Dubai. The two sides discussed prospects for bilateral economic cooperation between enterprises in Sharjah and their South Korean counterparts in many vital sectors.
The meeting was held in the presence of Mr Abdullah Sultan Al Owais, Chairman of SCCI, HE Chun Young-Wook, Consul General of the Republic of South Korea in Dubai, and Mr Mohammad Ahmed Amin Al-Awadi, SCCI’s Director-General.
The two sides reviewed topics of common interest that help enhance investment and industrial cooperation relations between Sharjah and South Korea.
Abdullah Sultan Al Owais focused on the significance of the frequent meetings between the Chamber and the Korean Consulate which would develop communication between business communities in both friendly countries and accomplish the desired advantages from the accessible capabilities. He also stressed that South Korea is one of the most important trading partners for UAE and Sharjah in particular.
Commending Sharjah’s economic development in various domains, Chun Young-Wook expressed his country's interest in pushing and enhancing mutual trade and investment relations between the private sectors in South Korea and Sharjah to the best levels and building distinguished and stronger economic relations with SCCI and the companies operating in Sharjah. Mohammad Ahmed Amin Al-Awadi underlined that there are many opportunities that can be explored for economic and commercial cooperation, which originate from the common interests between both sides, such as the innovation-based economy and the strategic geographic location of UAE and Korea. He explained that both sides can build on these pillars and have partnership in many fields, such as ICT and electronics.
Al Awadi pointed that the Chamber is so keen to provide all possible facilities for South Korean businessmen wishing to invest in Sharjah, which provides ideal environment for investment due to its pioneering industrial structure.
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