Sharjah, Ethiopia wishing to strengthen economic ties

The Sharjah Chamber of Commerce and Industry (CSIC) recently met with a senior Ethiopian delegation representing the Addis Ababa Chamber of Commerce and Industry Associations (AACCSA), to discuss ways to strengthen economic relations between the two parties. They also focused on opportunities to promote investment between the Sharjah and Ethiopia business communities.

The two sides discussed several topics, including the activation of previously signed memoranda of understanding to promote economic relations between the Sharjah and Addis Ababa business communities. The two sides also studied the Addis Ababa exhibition and congress center project and discussed ways to involve Emirati investors in the project.

They also discussed ways to encourage the Sharjah and Addis Ababa business community to participate in economic development. exhibitions held in both cities.

The meeting was held at CSIC headquarters, in the presence of Waleed AbdelRahman BuKhatir, Second Vice President of CSIC; and Elias Geneti, president of AACCSA. Mohammed Ahmed Amin, Acting Director General of CSIC, also attended the meeting; Fatima Khalifa Al Maqrab, Head of CSIC's International Cooperation Department; Abdullah Adam, Counselor on African Affairs at CSIC; Getachew Regbada, secretary general of AACCSA; and Tamarat Armasu, General Manager of the Addis Ababa Exhibition and Market Development Center

BuKhatir reviewed the investment opportunities available in Sharjah's economic sectors to the delegation. He pointed out the facilities and incentives of the emirate that attract businessmen, such as the ability of foreign investors to own 100% of their businesses in the country, and extend their resident visa to # At age 10, with their families.

He also expressed the House 's concern to provide all possible facilities to Ethiopian businessmen seeking to invest in Sharjah.

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