September 7, 2021
1 min read

Ajman Chamber cements commercial ties with India

The discussions were led by Salem Al Suwaidi, Director-General of the Ajman Chamber of Commerce and Industry, and K. Kalimutu, Indian Consul General for Trade and Economy to Dubai…reports Asian Lite News

Ajman Chamber of Commerce and Industry and Indian diplmats have discussed ways of enhancing the commercial and economic cooperation between the UAE, specifically the emirate of Ajman, and India.

The discussions were led by Salem Al Suwaidi, Director-General of the Ajman Chamber of Commerce and Industry, and K. Kalimutu, Indian Consul General for Trade and Economy to Dubai.

During the meeting, which was held at the headquarters of the chamber and attended by Mohammed Ali Al Janahy, Executive Director of the Trade and International Relations Development Sector at the Chamber, both sides discussed the investment opportunities offered by Ajman, suitable ways of increasing trade and foreign investments, and how to encourage the private sector to enlarge and diversify its investments.

“The UAE and Ajman have strong commercial and economic ties with India, which are witnessing increasing growth,” Al Suwaidi said while highlighting the chamber’s willingness to provide commercial facilities and services that will help support the commercial ties and economic partnerships between the two countries.

In the first half of 2021, the total number of certificates of origin issued by the Ajman Chamber for exports from the emirate to India amounted to 274, with a total value of AED25.9 million while the total number of certificates of origin for re-exports was 361, valued at some AED41.1 million.

Exports were focused on the food security industry, plastic products, iron and steel products, equipment for scaffolding, structures for temporary installations and mining equipment.

According to the chamber’s statistics, 2,261 Indian companies registered in the emirate in the first half of 2021.

ALSO READ: UAE launches ‘green,’ freelance visas

Previous Story

‘Devil’s Daughter’: An expression of identity

Next Story

Pakistan turns its back on Afghan refugees

Latest from -Top News

Bangladesh Elections on EU Radar

EU Pre-Election Team to Visit Bangladesh in September Ahead of 13th Parliamentary Polls…reports Asian Lite News Bangladesh Election Commission’s Senior Secretary Akhtar Ahmed announced on Monday that a European Union (EU) pre-election

After Pakistan, China Backing Iran Too?

China and Iran signed a 25-year comprehensive cooperation agreement that covered trade, energy and security, showcasing the strategic value that Beijing places on Tehran….reports Asian Lite News Despite its long-standing claims of

US-India ties is a slow-motion catastrophe

For the first time in two decades, Trump’s actions, statements, and coercive tone have made relations with the US a combustible domestic political issue in India, writes Manoj Menon The post-globalisation uncertainty

Modi Welcomes Marcos Jr to Delhi

PM Modi Welcomes Philippines President Marcos Jr to Strengthen India-Philippines Ties…reports Asian Lite News Prime Minister Narendra Modi on Tuesday warmly welcomed Philippines President Ferdinand R. Marcos Jr at Hyderabad House in

Is Bangladesh Turning Into a Theocratic State?

The rise of radical Islamic influence under Yunus’s watch threatens to transform Bangladesh from a secular democracy into a theocratic state….writes Anna Mahjar-Barducci Nobel Peace Prize laureate Muhammad Yunus’s transition from economist
Go toTop

Don't Miss

Indian e-rupee all set to be a game-changer

India has one of the most technologically-evolved currencies in the

The Ukraine standoff: How should India respond?

India believes that a conflict between Russia and the West