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SCCI, UAE Chambers hold first Kyrgyz Business Council meeting

February 04, 2025 / 10:20 PM
SCCI, UAE Chambers hold first Kyrgyz Business Council meeting
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Sharjah 24: The Federation of the UAE Chambers of Commerce and Industry (FCCI) organised the first meeting of the UAE-Kyrgyz Joint Business Council. Held in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI), the meeting aimed to strengthen economic and trade ties between the UAE and the Kyrgyz Republic and enhance cooperation between the private sectors of the two countries.

Key attendees and discussions

The meeting was chaired by His Excellency Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of SCCI, in the presence of His Excellency Nartaev Nurlan Vic, Vice President of the Chamber of Commerce and Industry of the Kyrgyz Republic.

The meeting was attended by His Excellency Mohammed Ahmed Amin Al Awadi, Director-General of SCCI; Ahmed Al Qaizi, Assistant Secretary-General of FCCI, and Dr Fatema Khalifa Al Muqarrab, Director of International Relations at SCCI. The gathering also brought together business leaders and entrepreneurs from both countries, representing key sectors including agricultural technology, energy, manufacturing, healthcare, and tourism.

Presentation and future collaborations

The UAE-Kyrgyz Joint Business Council’s meeting featured a presentation on the Council’s operational mechanism, highlighting the significance of reciprocal trade delegations and the expansion of cooperation to include diverse sectors, allowing flexibility in the Council’s operations to achieve its objectives.

Participants also discussed the possibility of establishing an annual joint economic event between the two countries. This event would serve as a platform and direct communication channel for business owners and investors (B2B) in both countries.

Importance of the UAE-Kyrgyz joint business council

In his welcoming remarks, His Excellency Abdallah Sultan Al Owais emphasized the significance of the UAE-Kyrgyz Joint Business Council as a strategic platform for strengthening trade relations, exploring new investment opportunities, and fostering a stronger economic partnership between the UAE and Kyrgyzstan. He noted that Sharjah, with its strategic location and state-of-the-art infrastructure, serves as an attractive hub for Kyrgyz investments. He further reaffirmed the UAE Chambers’ commitment to the success of the Kyrgyz Business Council’s inaugural meeting, viewing it as a key milestone in advancing economic and trade ties between the two nations.

Enhancing collaboration and future goals

For his part, His Excellency Nartaev Nurlan Vic highlighted the Kyrgyz business community’s aspiration to enhance collaboration with the UAE’s private sector. He underscored the UAE-Kyrgyz Joint Business Council’s potential to play a key role in deepening economic relations between the two countries through the exchange of knowledge and expertise, fostering strategic partnerships between businesses and investors in both nations.

The meeting included Kyrgyz entrepreneurs based in the UAE, along with representatives of the Chamber of Commerce and Industry of the Kyrgyz Republic and executives from diverse industries. Attendees shared insights on sectoral growth opportunities and reaffirmed their commitment to expanding economic and investment ties between Kyrgyzstan and the UAE.

 

 

 

February 04, 2025 / 10:20 PM

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