SCCI strengthens economic, trade partnerships with Guatemala

This includes unlocking new partnership opportunities across diverse industries and facilitating the exchange of expertise and business prospects between Sharjah and Guatemala.

These remarks were made during a meeting held at SCCI’s headquarters where His Excellency Abdallah Sultan Al Owais, Chairman of SCCI, welcomed a high-level ministerial delegation from Guatemala. The delegation comprised of H.E Gabriela García, Minister of Economy of Guatemala, and H.E Jorge Archila, Ambassador of Guatemala to UAE.

The meeting was attended by His Excellency Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, and Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, along with senior executives from major local companies and heads of business groups and councils in Sharjah.

During the meeting, both sides explored promising investment and cooperation opportunities across various sectors, with a particular focus economy, renewable energy, infrastructure, manufacturing, technology, and education. 

They also underscored the significance of fostering engagement in business forums and trade shows hosted by both sides, bringing together entrepreneurs and businessmen from the UAE and Guatemala to explore key investment opportunities and enhance the global presence of businesses in both countries.

His Excellency Abdallah Sultan Al Owais affirmed that Sharjah’s attractive investment environment provides a range of incentives that support business growth, strengthen strategic partnerships between Sharjah and Guatemalan enterprises, and facilitate the establishment of joint ventures. 

He pointed to the increasing potential for cooperation in fields like manufacturing, logistics, and agricultural technology, outlining the competitive advantages Sharjah’s free zones offers to investors. 

He also highlighted the promising opportunities within the entrepreneurship and SME sector, which serves as a fundamental pillar of the economies of both Sharjah and Guatemala, providing a platform for fostering expertise exchange and cross-border collaboration.

His Excellency Mohammed Ahmed Amin Al Awadi noted that the Sharjah Chamber remains committed to fostering collaboration with the Guatemalan private sector through its various departments, with the aim to achieve cooperation goals that benefit both economies.

He highlighted that the Guatemalan delegation’s visit is part of the Sharjah Chamber’s ongoing efforts to strengthen economic ties between Sharjah’s private sector and its counterparts worldwide. 

For her part, His Excellency Gabriela García underscored the importance of the meeting in exploring strategic frameworks and mechanisms to enhance trade and investment cooperation and facilitate business expansion between the UAE and Guatemalan private sectors.

She noted that both countries share strong economic relations and offer competitive investment advantages that pave the way for future partnerships and open up new trade markets.

Both sides emphasized the importance of facilitating direct communication between businesses in Sharjah and Guatemala, showcasing investment opportunities available in both countries, and promoting knowledge exchange to establish strong and successful business partnerships.

Additionally, they proposed the formation of joint committees, comprising industry experts and private sector representatives, to develop a strategic action plan for advancing cooperation in high-priority sectors.

The meeting also addressed opportunities for collaboration in innovation and sustainable technology, focusing on knowledge exchange in areas including digital transformation, renewable energy, and agri-tech.

Both sides also emphasized their shared commitment to enhancing environmental sustainability, ensuring food security, and exchanging expertise in the sustainable management of natural resources.