"Pasture" and"Zhejiang Investment" We sign a memorandum of understanding
Hangzhou on September 26/ WAM/ The Economic Zone in Ras Al Khaimah “Rakz” signed a memorandum of understanding today, with the Zhejiang Center for Investment Promotion, on the sidelines of the World Digital Trading Exhibition 2025, hosted by Hangzhou in the People’s Republic of China from September 25 to 29.
The memo aims to enhance the frameworks of joint cooperation between the two sides in the areas of promotion of investment, exchange of knowledge and experiences, and support future partnership opportunities in the digital trade sector, in line with global trends towards a sustainable digital economy.
It was signed in the presence of a number of senior officials and representatives of economic and investment bodies from the UAE and the People’s Republic of China, as part of the efforts of both sides to enhance economic and commercial relations, and to open new horizons for investment in innovative digital sectors.
Mia Liu, director of business development in the Economic Zone in Ras Al Khaimah, stressed the importance of signing the Memorandum of Understanding with the Zhejiang Center for the Promotion of Investment, as it represents a qualitative addition to the march of economic cooperation between Ras Al Khaimah and the Zhejiang region, and will contribute to exchanging benefits and knowledge, and building sustainable bridges for communication between the two parties.
She added that “Rakiz” supports the establishment of factories and companies in Ras Al Khaimah, noting that this visit to China will be a major starting point towards the future through the Memorandum of Understanding, and the opportunities we have seen to benefit from and exchange knowledge, stressing that “Rakz” believes in the importance of digital trade as a basic engine for the local economy, and a strategic sector that witnesses accelerated growth worldwide.
It is noteworthy that the World Digital Trading Exhibition is one of the most prominent international platforms specialized in digital technologies and smart economy, and it brings together a group of government agencies, companies, and investors from around the world, to review the latest trends in e -commerce and digital transformation.
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