The Dubai Chamber discussed enhancing trade and investment cooperation with the Prime Minister of the Kingdom of Lesotho during a meeting in Johannesburg, exploring ways to develop relations and ensure mutual benefits. This initiative aligns with Dubai’s commitment to expanding its international relations and activating trade partnerships that strengthen both economies.
High-Level Meeting
The meeting took place in Johannesburg, South Africa, and included a ministerial delegation from the Kingdom of Lesotho led by Honorable Sam Matekane, the Prime Minister. Present were Salem Al-Shamsi, Deputy CEO for International Relations at the Dubai Chamber, and His Excellency Mahsh Saeed Al-Hamli, UAE Ambassador to the Republic of South Africa and non-resident Ambassador to the Kingdom of Lesotho. The meeting also included several ministers, including Honorable Nthati Moorosi, Minister of Communications, Science, Technology, and Innovation.
Promising Investment Opportunities
Honorable Sam Matekane expressed the Kingdom of Lesotho’s eagerness to strengthen investment relations with Dubai. He highlighted the importance of leveraging Dubai’s advanced expertise in logistics, infrastructure, and the digital economy. These efforts aim to support investment cooperation between the two sides and elevate the level of bilateral partnerships.
Dubai-Lesotho Business Forum
Honorable Matekane called for the establishment of a “Dubai-Lesotho Business Forum,” which would serve as an ideal platform to showcase available investment opportunities and enhance communication and partnership between the business communities. He emphasized the significance of Dubai’s economic model and its leading position in the global economic arena.
Efforts of the Dubai Chamber of Commerce
For his part, Salem Al-Shamsi, Deputy CEO for International Relations at the Dubai Chamber, affirmed their commitment to expanding cooperation with the Kingdom of Lesotho. He noted the importance of enhancing efforts to develop trade and investment exchanges between the business communities in Dubai and Lesotho. He also emphasized their work to strengthen communication between private sector companies in both countries and explore economic opportunities.
The meeting was part of a trade mission organized by the Dubai Chamber to South Africa, aimed at supporting the expansion of companies operating in Dubai into African markets. Both parties seek to explore new opportunities for growth and expansion and activate fruitful trade and investment partnerships.