UAE-India strengthen economic ties to boost investment opportunities

The Sharjah Chamber of Commerce and Industry (SCCI) has strengthening economic ties with Republic of India to investment opportunities between the two trade nations. The trade’s first leg commenced with UAE-India Business Forum held in Mumbai which highlighted investment advantages of Sharjah and Mumbai while highlighting the vast array of promising opportunities available across various economic sectors. The UAE-India Business Forum, organised by the SCCI, brought together key business leaders, government officials, and industry experts from both Sharjah and Mumbai.
Sharjah and Mumbai, recognised as leading industrial and commercial centers in their respective regions, were praised for their significant contributions to the economic growth of the UAE and India. Led by Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), the mission, organised by the Sharjah Export Development Centre, aimed to build on the successes being achieved by the UAE-India Comprehensive Economic Partnership Agreement, which came into force in May 2022. The agreement represents a new era of economic cooperation, based on mutual interests between the two friendly nations. The forum featured bilateral meetings between SCCI businessmen and their counterparts in Mumbai. The discussions revolved around investment opportunities and advantages available in both countries to foster partnerships that serve the private sector, increase trade exchange, and establish projects in various sectors.