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Officials at the meeeting

Officials at the meeeting

SCCI looks to boost trade and investment with Malaysia

The Sharjah Chamber of Commerce & Industry (SCCI) is keen to provide all means of support and facilities that encourage the Malaysian business community to invest in Sharjah. 
Malaysian business can benefit from Sharjah’s strategic location as a distinguished economic hub at the regional level, thanks to the emirate’s economic diversification policy, state-of-the-art logistical services, the pioneering banking system, the flexible legislation and laws, and the sophisticated infrastructure.
SCCI, represented by Mohammad Ahmed Amin Al-Awadi, SCCI Director-General, received a delegation from Malaysia External Trade Development Corporation (MATRADE), headed by Omar Mohammed Saleh, MATRADE Trade Commissioner.
The meeting was held in the presence of Abdul Aziz Shattaf, SCCI Assistant General Director, Members Services Sector and Director of Sharjah Exports Development Center (SEDC), and Fatima Al Mokarrab, Director of the SCCI International Relations Department.
The meeting dealt with topics of common interest and means of developing and enhancing exports, trade, and investment exchange between Sharjah and Malaysia.
Al-Awadi said: “This meeting comes as part of the joint endeavours of both sides to establish new and promising investment partnerships that help develop prospects and areas of mutual cooperation between Sharjah’s business community and their counterparts in Malaysia.”
Al-Awadi highlighted the long-standing relations between the two sides since the bilateral cooperation agreement signed in 1994, pointing to the importance of the joint coordination to increase the rates of exports and re-exports between the two friendly countries, stressing the need to benefit from MATRADE’s expertise as a national export promotion agency for the Government of Malaysia, and the experiences of Sharjah Exports Development Centre which implements best international practices to expand the base of export goods and services through the provision of financing facilities and guarantees, in addition to offering a leading credit umbrella to encourage companies to obtain strong export opportunities.
Saleh highlighted Malaysia’s keenness to provide the necessary support and facilities for Emirati businessmen wishing to invest in Malaysia, lauding the SCCI’s effective role in consolidating the economic and commercial relations between the UAE and his country. 
He affirmed the Malaysian business community’s desire to develop prospects for cooperation with their counterparts in Sharjah, pointing to economic fundamentals the two countries enjoy, something that helps enhance the volume of trade relations between them.
Shattaf said: “The Sharjah Exports Development Centre is one of the most prominent national institutions that provide a perfect environment for supporting and enhancing local exports through the provision of various services to encourage industrial and exporting establishments to raise their competitive capabilities in foreign markets and respond to regional and international marketing opportunities.”
He added that the Centre is also providing export solutions and making use of the integrated databases to help increase export knowledge, in addition to providing credit guarantees and technical support for exports. -- Tradearabia News Service

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