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इंडियन आवाज़     29 Mar 2024 12:12:38      انڈین آواز

Sharjah Chamber of Commerce and Industry Concludes Successful Five Day Trade Mission to India

AMN/ WEB DESK

The Sharjah Chamber of Commerce and Industry has wrapped up its productive trade mission to India after a series of fruitful meetings and discussions with Indian business and industrial associations in New Delhi and Mumbai. Organized by the Sharjah Exports Development Centre, the trade mission aimed to explore potential investment advantages and lucrative opportunities to strengthen bilateral ties.

In New Delhi, the meetings took place alongside the “UAE-India Business Forum,” a significant event hosted by the Chamber as part of the second leg of the trade mission. One of the key outcomes of these discussions was the shared interest in further solidifying ties, with the Indian side expressing its intention to organize a high-level trade delegation visit to Sharjah. The delegation, representing various industrial and commercial sectors, is expected to visit in the last quarter of this year.

The business gatherings served as an effective platform to discuss potential investment advantages and trade opportunities across diverse economic sectors. Both sides expressed a strong desire to enhance cooperation and trade exchange, explore areas of joint work, exchange experiences, and learn from best practices. The meetings also aimed at developing the exports of commercial and industrial enterprises and introducing the private sector to rewarding opportunities in promising sectors.

The first major meeting brought together  SCCI with a delegation from the Associated Chambers of Commerce and Industry of India (ASSOCHAM) led by Pooja Ahluwalia, Assistant Secretary General of ASSOCHAM. Several representatives from the Sharjah Chamber and the Sharjah Export Development Centre were also present.

During the meeting, both sides explored ways to strengthen industrial and commercial cooperation between the two countries and discussed the establishment of joint investment projects.They discussed various options to foster cooperation, with a focus on promoting trade of local products and goods for both countries. The meeting included a comprehensive review of the programs implemented by the Sharjah Chamber and the export organizations to achieve the stated trade promotion goals.

Additionally, the two sides explored opportunities for developing partnerships to boost exports and explore new markets. 
Furthermore, the SCCI delegation, along with the mission members, met Mohit Singla, Chairman of the Trade Promotion Council of India, to discuss signing a Memorandum of Understanding (MoU) facilitating the exchange of visits for trade delegations and promoting participation in exhibitions organized by Expo Centre Sharjah and the Indian Expo Mart. They also agreed to launch joint initiatives to enhance the business sectors’ performance in commercial, industrial, and service activities in both countries.

On the final day of the mission, Chairman SCCI engaged in discussions with the Millennial India International Chamber of Commerce, Industry, & Agriculture (MIICCIA) to develop cooperation frameworks between India and Sharjah. The meeting focused on strengthening economic and trade collaboration, fostering coordination, partnership, and investment flow between the UAE and India.

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