The Sharjah Chamber of Commerce and Industry has launched a trade mission to Uganda and Kenya from November 11th to 14th, headed by Chairman Abdallah Sultan Al Owais. The mission aims to strengthen trade ties, focusing on sectors such as oil, construction, logistics, and food. It includes forums and meetings to explore investment opportunities, highlighting the growing economic cooperation between the UAE and East African nations.
The Sharjah Chamber of Commerce and Industry, represented by the Sharjah Exports Development Centre, has initiated a trade mission to Uganda and Kenya from November 11th to 14th. Spearheaded by Chairman Abdallah Sultan Al Owais, the mission seeks to enhance trade relations between the UAE and East Africa, targeting key sectors such as oil, construction, logistics, and food. The delegation commenced its activities in Kenya, featuring an investment forum complete with workshops and panel discussions aimed at unveiling investment opportunities. Following this, the team will conduct personalized meetings to facilitate business alliances between Emirati and Kenyan entrepreneurs. Subsequently, the mission will transition to Uganda, where it will focus on an investment forum that addresses potential growth in infrastructure and oil, accompanied by site visits to local enterprises. This trade mission underscores the strengthening economic ties between the UAE and East African nations, with UAE-Kenya non-oil trade surpassing $3 billion in 2023. Meanwhile, trade relations with Uganda have experienced remarkable growth in recent years, marking a significant milestone in the UAE’s economic engagements in the region.
The trade mission led by the Sharjah Chamber of Commerce and Industry highlights the UAE’s strategic focus on expanding its economic footprint in East Africa. This initiative is part of a broader effort to deepen bilateral trade ties, recognizing the potential for growth in various sectors, particularly in oil, construction, logistics, and food. The trip reflects the UAE’s commitment to fostering collaboration and investment opportunities in emerging markets, boosted by a dynamic trade environment.
In summary, the trade mission to Kenya and Uganda led by the Sharjah Chamber of Commerce represents a concerted effort to bolster economic relations between the UAE and East Africa. With a focus on vital sectors, this initiative not only aims to foster trade partnerships but also showcases the growing significance of these markets within the UAE’s international trade strategy.
Original Source: www.dubaieye1038.com
