Print

Sharjah Trade Mission Heads to India to Boost Economic Ties

The Sharjah Chamber of Commerce and Industry (SCCI) is leading a high-profile trade delegation to India as India and the UAE mark two years of the Comprehensive Economic Partnership Agreement. The delegation will visit India from May 5-10 to explore new investment opportunities and strengthen economic cooperation between Sharjah and India. Headed by SCCI Chairman Abdullah Sultan Al Owais, the mission includes top chamber officials and aims to facilitate direct meetings between Sharjah and Indian business communities in the major cities of Chennai and Mumbai.

During the week-long visit, the delegation will hold business forums, meetings with entrepreneurs, site visits to key companies, and work to promote Sharjah’s investor-friendly policies and initiatives. The agenda is packed with events to connect the two business communities and identify areas for enhanced trade and investment.

“This mission underscores our commitment to boosting economic ties with India,” said Mohammad Ahmed Amin Al Awadi, Director-General of SCCI. Over 18,500 Indian companies currently operate in Sharjah, reflecting the robust economic partnership between the two sides. Following the landmark visit of Prime Minister Narendra Modi to the UAE in August 2015, bilateral relations between the two countries were elevated to a Comprehensive Strategic Partnership, and India and the UAE signed the Comprehensive Economic Partnership Agreement, which came into force on May 1st, 2022.

By Vinod Kumar (Dubai)

RELATED ARTICLES

4 hours ago | Fairfax Financial Holdings

Cabinet approves Rs 52,878 crore sale of 60.72% stake in IDBI Bank to Fairfax entity

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Canada-based Fairfax Financial Holdings Ltd. as the strategic buyer for a 60.72% stake in IDBI Bank for approximately ₹52,878.08 crore. The transaction comprises the sale of a ...

5 hours ago | Annual Meetings

Nirmala Sitharaman to Attend IMF-World Bank Annual Meetings in Bangkok

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will visit Bangkok, Thailand, from October 14 to 18 to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of G20 an...

5 hours ago | Benchmark equity indices ended lower

Sensex falls, Nifty slips below 22,650 as pharma, healthcare stocks drag

Benchmark equity indices ended lower on Wednesday, weighed down by losses in pharma and healthcare stocks, even as gains in information technology shares limited the decline. The Sensex declined 251.89 points, or 0.34 per cent, to close at 72,781.8...