Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Sharjah and India to strengthen economic and investment relations.
Dec 08, 2021
The Sharjah Chamber of Commerce and Industry (SCCI) stressed the importance of strengthening economic relations between the Emirate of Sharjah and the Republic of India, by highlighting the available investment opportunities and the facilities and incentives offered by both sides in various vital sectors.
This came during the Sharjah-India business forum organised by the SCCI on the sidelines of the visit of a delegation from Global Network India, an International Trade Consulting Firm.
The forum was attended by Abdulaziz Shattaf, Assistant Director-General for Communication and Business Sector, SCCI, Dr. Jagat Shah, President of the Global Network India, and 16 Indian companies specialising in the sectors of trade in building materials, electronics, food products, agriculture, health, education, and chemical manufacturing.
Pointing to the importance of the forum in meeting the evolving needs of foreign investments coming from India to the Sharjah markets, Abdulaziz Shattaf said that the UAE and India have a long history of commercial, social and cultural relations.
He pointed out that UAE has invested $10 billion in India in the last five years, stressing the SCCI’s eagerness to strengthen this partnership and achieve the two countries’ directions that the value of mutual trade reaches about $100 billion over the next five years.
This can be achieved by paying more attention to new vital sectors such as Jewelry, gold industry, medical equipment, information technology, textiles, building materials, etc, noted Shattaf.
'The number of Indian companies investing in the Emirate of Sharjah has reached about 22,242 companies, most of which are specializing in the sectors of education, trade and health. The Emirati investment in India focuses on the sectors of manufacturing, ceramics, navigation, sea and air freight, oil and gas, and tourism. The number of Emirati delegations to India in 2020 and 2021 amounted to about 232 visits, in addition to about 1,106 flights between the UAE and India per week, as well as 33 agreements concluded between the UAE and India for cooperation in various and vital sectors,' Shattaf said in conclusion.
For his part, Dr. Jagat Shah described the business environment in Sharjah as distinct and innovative, enjoying global capabilities and great competitive advantages, underlining that the Emirate of Sharjah is an ideal location for establishing companies for diversity and ease of shipment to and from it.
Shah expressed the keenness of the Global Network India to organize many meetings during the next year and to enhance cooperation with the Sharjah Chamber to support the prosperity of trade exchange and open future prospects for economic partnership during the coming stages.
In turn, the representative of the Sharjah Airport International Free Zone said that SAIF Zone’s participation in such meetings aims to introduce its unique advantages and privileges to international companies and institutions.
He pointed out that the SAIZ Zone is home to over 7,500 companies, pointing to the incentives provided to investors and companies, such as 100 per cent foreign ownership of businesses, 100 per cent repatriation of capital and profits, and 100 percent corporate or personal income tax exemptions, 100 per cent import and export tax exemptions.
Earlier the Sharjah Chamber of Commerce and Industry (SCCI) stressed its keenness to step up efforts to deepen the ties of Sharjah with Southeast Asian countries, by finding joint mechanisms to enhance trade, investment and exports between the emirate and Malaysia, in order to increase the shares of Emirati products in the Malaysian markets, which are a gateway to the markets of Southeast Asia.
This came during the Sharjah-Malaysia business forum organised recently by the SCCI at its premises on the sidelines of the visit of a commercial delegation from Malaysia External Trade Development Corporation (MATRADE). The forum was attended by Abdulaziz Shattaf, Assistant Director-General for Communication and Business Sector, and Sharimaton Mat Salih, Executive Vice President of Malaysia External Trade Development Corporation (MATRADE).
Abdulaziz Shattaf said that the SCCI is eager to develop economic cooperation relations between the business communities in both sides and encourage them to build constructive and fruitful long-term partnerships.
He underlined that the SCCI strives to strengthen joint efforts in terms of commercial promotion of available investment fields, benefitting from the existing friendly relations between the two countries.
Shattaf also added that the SCCI is keen to develop bilateral relations and push them towards more advanced and prosperous prospects, highlighting the cooperation agreement signed between the SCCI and Malaysia External Trade Development Corporation in 1994.
gulftoday.ae
Archive