RAK Chamber Engages With Indian Delegation To Enhance Trade And Investment Cooperation

The Ras Al Khaimah Chamber of Commerce and Industry (RAK Chamber) recently engaged in discussions with an Indian trade delegation to boost economic ties and explore mutual investment opportunities. The Indian delegation was led by B.G. Krishnan, Consul of Economic, Trade, Commerce, and Education at the Consulate-General of India in Dubai, along with two officials from the Trade Section.

Youssef Mohamed Ismail, First Vice Chairman of the RAK Chamber and Head of the Supreme Committee of the Saud Bin Saqr Establishment for Youth Project Development, welcomed the delegation. Dr. Ahmed Al Shemeili, Director-General of the RAK Chamber, was also present during this meeting.

Ismail emphasised that both the RAK Chamber and the Saud bin Saqr Foundation are committed to enhancing bilateral relations, especially within the business sector. He highlighted Ras Al Khaimah's strategic location and abundant resources as key factors making it a prime destination for successful investments.

The Emirate’s free zones were also noted for their role in establishing a global investment infrastructure. These zones offer diverse incentives designed to attract foreign investments, further boosting Ras Al Khaimah's appeal to international investors.

B.G. Krishnan acknowledged the longstanding historical and trade connections between the UAE and India, with a particular focus on Ras Al Khaimah. He praised the investment benefits available in Ras Al Khaimah that draw foreign investors, alongside various facilities provided to them.

Krishnan encouraged business owners from both nations to leverage shared expertise to enhance trade relations and advance entrepreneurship. This collaboration aims to foster stronger economic ties between Ras Al Khaimah and India.

The meeting underscored a mutual interest in strengthening economic cooperation between Ras Al Khaimah and India. By focusing on shared goals and resources, both parties aim to create a robust platform for future investments and business ventures.

With inputs from WAM