Sharjah Chamber explores economic & trade ties with Romanian delegation

Sharjah Chamber explores economic & trade ties with Romanian delegation

The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in high-level discussions with a Romanian diplomatic delegation, exploring opportunities to strengthen economic cooperation and boost trade.

Both sides also discussed the potential establishment of a Romanian trade representative office in Sharjah to stimulate joint investments and promote participation in events and exhibitions in the emirate.

The two parties addressed the feasibility of organizing joint economic events to showcase available investment opportunities. They discussed leveraging each country’s expertise to establish joint investment projects, thereby facilitating sustainable growth in both economies.

Mr. Abdullah Sultan Al Owais, Chairman of the SCCI, emphasized that such a diplomatic visit would catalyze new opportunities to bolster bilateral economic relations between the UAE and Romania. It is expected to attract Romanian investors and entrepreneurs to Sharjah and pave the way for joint ventures, thereby increasing trade activity between the two countries.

Abdullah Sultan Al Owais

Chairman – SCCI “The non-oil trade exchange between the UAE and Romania had witnessed significant growth, amounting to approximately $1.01 billion in 2022, an impressive 82 percent increase compared to the previous year. Simultaneously, the UAE’s total non-oil exports to Romania stood at an estimated $66 million in 2022, demonstrating a substantial growth rate of 79