Sharjah Chamber And Dhaka Chamber Of Commerce Sign MoU To Strengthen Trade Relations

The Sharjah Chamber of Commerce and Industry (SCCI) has formalised a partnership with the Dhaka Chamber of Commerce and Industry (DCCI) through a Memorandum of Understanding (MoU). This agreement aims to enhance trade relations and foster economic partnerships between the business sectors of Sharjah and Bangladesh.

The MoU highlights the importance of collaboration among private sector enterprises. It focuses on integrating efforts to showcase investment opportunities, encouraging market growth, and boosting participation in specialised trade exhibitions. These initiatives aim to promote products and services effectively.

Abdallah Sultan Al Owais, Chairman of SCCI, emphasised the chamber's dedication to supporting Bangladeshi businesses. He noted that this MoU is crucial for building long-term strategic partnerships between Sharjah and Bangladesh's business communities. The goal is to achieve mutual economic objectives and sustainable growth in both regions.

Al Owais also pointed out the significance of cooperation in strategic sectors such as shipping, export, and logistics. These areas are vital to the global economy's infrastructure. By focusing on these sectors, both parties aim to strengthen their economic ties further.

The Bangladeshi delegation expressed strong interest in enhancing cooperation with Sharjah across various industries. Key areas include e-commerce, medical services, and food manufacturing. These sectors are integral to sustainable development strategies in Bangladesh.

The meeting where the MoU was signed was organised by SCCI in collaboration with DCCI. It was attended by Abdallah Sultan Al Owais, Taskeen Ahmed, President of Dhaka Chamber, and Mohammed Ahmed Amin Al Awadi, Director-General of SCCI. Representatives from major corporations and private sector entities from both Sharjah and Bangladesh were also present.

This agreement marks a significant step towards strengthening economic ties between the two regions. By focusing on shared interests and strategic sectors, both parties aim to achieve sustainable growth and mutual benefits.

With inputs from WAM