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Sharjah [UAE]May 4 (ANI/WAM): United Arab Emirates–Lithuania Business Forum, by United Arab Emirates Chamber of Commerce and Industry (FCCI) and hosted by the Sharjah Chamber of Commerce and Industry (SCCI), which ended today with the signing of a Memorandum of Understanding (MoU) FCCI and federation Lithuanian Chamber of Commerce.
The agreement aims to establish the first United Arab Emirates–Lithuanian Business Council to strengthen economic relations and facilitate investment flows between the two countries.
Newly formed council to strengthen mutual trade ties by organizing visits and providing support to UAE Lithuanian Companies, especially in the trade and industry sectors. This move is expected to push the economic relations between the two countries to a new level, which is in line with the common development aspirations of the two countries.
Vice-Chairman Abdullah Sultan Owais attended the forum. FCCI and the chairman SCCIwith members SCCI Board of Directors and Ambassador Ramunas Davidonis Lithuania arrive United Arab Emirates.
Also present at the meeting was Humaid Mohammed bin Salem, Secretary-General of the Federation FCCIZigmantas Dargevicius, Vice President of the Association Lithuanian Chamber of Commerce, Mohammad Ahmed Amin Al Awadi, Director General SCCI, Rashid Tunaiji, Director of the Department of Trade Promotion, Ministry of Economic Affairs.In addition, more than 100 delegates United Arab Emirates and Lithuanian Sharjah’s business community and several government entities.
“this United Arab Emirates–Lithuania The Business Forum provides an important opportunity to strengthen the bond of cooperation between our two friendly nations and lays the foundation for successful partnerships between the private sector and business owners to help them discover the best ways to foster bilateral and fruitful cooperation. good opportunity. ’ said Abdullah Al Owais.
“The continued growth of our bilateral relationship reflects our shared desire to expand cooperation in all areas. Today’s forum is a testament to our commitment, providing a framework that brings our nation together to help increase opportunities and space issues There are consultations and discussions for a collaborative effort,” Al Owais added.
Humaid Mohammed bin Salem said: “The organization United Arab Emirates–Lithuania The business forum marked a qualitative leap in the relationship between the two countries.As the federal interface to our country’s commercial sector, the Federal United Arab Emirates Chambers in support and development with Lithuania Last few years. “
“Through organizing and sponsoring events, visiting and signing joint cooperation memoranda, we recognize Lithuania as an ideal destination United Arab Emirates Investing, especially in areas such as tourism, technology, innovation, food and environmental sustainability.These fields are related to United Arab Emirateseconomic approach and has established a solid foundation for constructive cooperation between our two countries in the near future,” Ben Salem said.
Furthermore, Zigmantas Darvigoseus commented, “The Business Forum, together with newly concluded MoUs and bilateral meetings, brings United Arab Emirates and LithuaniaJoining hands with the business community truly marks an important step forward in our growing economic relationship. This fruitful partnership between our business units will not only facilitate better access to the local and regional markets of both countries, but also facilitate the growth and enhancement of their trade and investment capabilities. “
Meanwhile, Ramunas Davidonis said: “ Lithuania and United Arab Emirates It is a testament to our shared commitment to strengthen cooperation across all sectors to achieve our sustainability goals. Lithuania Promising economic sectors such as tourism, financial services, healthcare and information technology offer plenty of opportunities for growth. “
He urged UAE investors to take advantage of these services and explore investment opportunities and partnerships emerging in these sectors.
During the activity, Rashid TunaijiDirector of the Department of Trade Promotion, Ministry of Economy, discusses the latest developments in trade United Arab Emirateseconomic environment, and reiterated United Arab EmiratesPassionate about creating an atmosphere that supports business growth, prosperity and investment attractiveness.
he added United Arab Emirates Global trade with countries around the world is approximately US$2.2 trillion, with exports reaching US$42.5 billion in 2021. The nation’s assets and progressive legislation underpin its position as a competitive, flexible and environmentally friendly economy.
In addition, during the exhibition, Sharjah Airport International Free Zone (SAIF Zone) demonstrated its logistics capabilities, comprehensive service system to meet investors’ needs and competitive advantages.
In addition, the forum hosted bilateral business meetings between representatives of various economic and commercial sectors of the two countries to explore future partnership prospects, investment exchanges, and participation in exhibitions and events held in the region. United Arab Emirates and Lithuania. (ANI/WAM)
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