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Ajman Chamber is looking to enhance investments and trade exchange with Angola

Ajman, 22nd October / WAM / His Excellency Eng. Abdullah bin Mohammed Al Muwaiji, Chairman of the Board of Directors of the Ajman Chamber, and His Excellency Isabelpaola Docastro, Consul General of the Republic of Angola in Dubai and the Northern Emirates, discussed ways of economic cooperation, developing mutual investments, and opportunities to increase the volume of intra-regional trade.

His Excellency Abdullah Al Muwaiji praised the depth of the economic, trade and investment relations between the UAE and Angola, and the continuous development witnessed by bilateral relations that reflects the keenness of the leadership of the two countries to strengthen the bonds of cooperation and expand areas of partnership.

He stressed the existence of a great diversity of opportunities available to enhance joint cooperation between the Emirate of Ajman and the Republic of Angola, especially in the sectors of agriculture, food, energy, technology, and services, which opens new horizons for partnerships and enhances economic integration between the two sides.

Al Muwaiji explained that trade data between Ajman and Angola confirm the importance of doubling efforts to reach broader levels of cooperation and partnership.

For her part, Fatima Yacoub Al-Awadhi, Head of the Investment Attraction Department at the Ajman Chamber, provided an explanation about the most prominent components of the economic sector in the emirate, the attractive investment environment that Ajman enjoys and the advanced infrastructure that supports business growth, and the investment opportunities available in the industrial, commercial, tourism, service, educational and health sectors.

The attendees recommended the necessity of exchanging data and statistics, holding forums with the participation of business owners and investors with common interests, and the importance of exchanging visits to learn about available investment opportunities and develop trade exchange.

For her part, Her Excellency Isabel Paula Docastro stressed the importance of opening new channels to enhance economic cooperation between Ajman and Angola, and developing mutual investments in light of the diversity of the economic components that the Republic of Angola abounds in, noting the great role that these partnerships can play in supporting business growth for both sides.

At the conclusion of the meeting, His Excellency Abdullah Al Muwaiji and His Excellency Isabel Paula Docastro exchanged souvenirs.

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