Sharjah24: The Sharjah Chamber of Commerce & Industry (SCCI) discussed on Monday, at its headquarters, ways to strengthen economic cooperation frameworks, develop trade relations and mutual investment between the Emirate of Sharjah and the Republic of Kazakhstan, while receiving a high-level delegation.
The two sides discussed strengthening cooperation in many areas, and promising investment opportunities, especially in tourism, agriculture and various economic sectors. The delegation was received by Abdullah Sultan Al Owais, Chairman, SCCI, in the presence of several other dignitaries, focusing on discussing the reality of economic relations, the current and prospects for future partnerships in a way that enhances bilateral relations and supports the interests of the business communities on both sides, and opens doors to more opportunities for economic cooperation, trade exchange and investment projects between Sharjah and Kazakhstan.
His Excellency Abdullah Sultan Al Owais welcomed the Kazakh delegation, reviewing the economic potentials of the UAE in general and the Emirate of Sharjah in particular, calling on Kazakh businessmen to invest in Sharjah and take advantage of its pioneering industrial and commercial privileges in the region. Al Owais expressed the SCCI 's keenness to raise the level of trade and investment relations between the two friendly countries and to continue joint coordination with the Kazakh side, to expand the horizons of cooperation in various economic sectors. For their parts, the delegation members affirmed their country's keenness to enhance fruitful cooperation at all levels with the Emirate of Sharjah, especially in light of the strong economic and trade relations existing between the two countries. The total flow of investments from the UAE to Kazakhstan, from 2005 to 2020, amounted to about $2.4 billion, while the volume of trade exchange between the two countries in 2020 amounted to about $474.4 million.
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