Today: 23 July 2025
8 August 2022
1 min read

Sharjah Chamber seeks stronger biz ties with India

During the event, the SCCI invited Indian business leaders to take advantage of Sharjah’s promising investment opportunities…reports Asian Lite News

The Sharjah Chamber of Commerce and Industry (SCCI) has organised the Sharjah-India business forum to discuss economic relations and ways of strengthening business collaboration between Sharjah and India.

Attended by more than 50 leaders of local and Indian businesses, the forum welcomed a high-level delegation from the Federation of Indian Chambers of Commerce and Industry (FICCI).

During the event, the SCCI invited Indian business leaders to take advantage of Sharjah’s promising investment opportunities, which have become more rewarding after signing the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

Abdulaziz Mohammed Shattaf, Assistant Director-General of the Communication and Business Sector at the Sharjah Chamber, said that the forum has provided the perfect setting to further strengthen the already robust UAE-Indian cooperation. “The historic UAE-India CEPA, which entered into force on 1st May, 2022, has set the stage for the two friendly countries to open up a new chapter of strategic cooperation.”

“We are looking forward, through this gathering, to advancing Sharjah-India collaboration to new levels and achieving the ultimate goals of the business communities in both nations, while also significantly contributing to the comprehensive partnership objectives, such as increasing intra-non-oil commerce between the two nations to US$100 billion yearly over the next five years, up from the current US$45 billion,” Shattaf added.

For his part, Pradeep Sureka, President of the Indian Chamber of Commerce, emphasised that hosting the forum is yet another testament to the extraordinary relations that the UAE has with India, which have been growing over the last decades in a variety of economic sectors.

Sureka said that the CEPA is India’s first deal with the UAE, to which Indian exports amount to about US$60 billion, adding that this reaffirms the fact that the UAE is a major gateway to global trade in the region.

ALSO READ: Sharjah steps into ease traffic woes

Previous Story

Blinken kicks off Africa tour to counter Russian influence

Next Story

Dubai’s major road project reached 75% completion

Latest from -Top News

Victory First, Then Peace?

Katz stressed the importance of meeting the war’s goals as set, primarily the return of all Israeli hostages and the surrender of Hamas….reports Asian Lite News Israeli Defence Minister Israel Katz said

Fragile Peace in Sweida Gains Regional Support

Jordan, Syria, U.S. discuss Syria’s Sweida ceasefire in Amman as more Israeli Druze cross border to Syria to fuel tensions Jordanian Foreign Minister Ayman Safadi, Syrian foreign affairs chief Asaad Al-Shaibani, and

The illusion of normalcy in Israel

As people are trying to heal from the scars of war and resume their everyday lives, for those of us living in Israel, normalcy feels like an illusion — fleeting, easily shattered

Sweida Ceasefire Kicks Off Amid Clashes

The initial phase includes separating rival armed groups, local factions inside Sweida, and tribal Arab forces, as part of broader efforts to restore stability…reports Asian Lite News Syrian interim authorities’ forces have
Go toTop

Don't Miss

UAE among top 10 in 432 global indicators

With regards its performance in the Yearbook’s four main axes:

UAE Sends 68 Tonnes of Food Aid to Gaza

UAE aims to prepare 25,000 relief packages for Gaza with