In a recent meeting held at the Sharjah Chamber of Commerce and Industry, representatives from the Chamber engaged with the Lithuanian Embassy in the UAE to explore avenues for expanding economic and trade collaboration. The discussions were centred around strengthening partnerships between the business communities of both regions, particularly focusing on the sectors of agriculture, food industries, and logistics. This cooperative effort aims to enhance trade exchanges and open new areas for collaboration between companies in Sharjah and Lithuania.
Details of the Meeting
The meeting was presided over by Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry, who welcomed His Excellency Ernestas Mitučkus, the Ambassador of the Republic of Lithuania to the UAE, along with his accompanying delegation. The session, which included the presence of Abdulaziz Al Shamsi, Assistant Director-General for Communications and Business Sector, and Dr Fatima Khalifa Makroum, Director of International Relations at the Sharjah Chamber, served as a platform to discuss opportunities for enhancing trade relations.
Upcoming Lithuanian Business Delegation Visit
During the meeting, both sides expressed interest in developing direct communication channels between the Sharjah Chamber and the Lithuanian Chamber of Commerce as they prepare for a planned visit by a delegation of Lithuanian business leaders to Sharjah in March and April 2027. This visit is expected to facilitate in-depth discussions on potential direct cooperation, investment opportunities, and establishing partnerships that cater to shared interests.
Strengthening Economic Ties
Highlighting the growing economic and trade relations between the UAE and Lithuania, Abdullah Sultan Al Owais emphasised the mutual interest in expanding partnerships and exploring new opportunities for growth and investment. He noted that fostering communication between the business communities of the two nations is vital for uncovering new trading prospects and developing quality partnerships that bolster shared economic interests. Al Owais further stated that the Sharjah Chamber is committed to leveraging the emirate’s diverse economic capabilities and its advanced infrastructure, including free zones that offer competitive advantages for investors, thereby providing Lithuanian companies avenues for expansion into the emirate and greater regional markets.
Investment Partnerships
The Lithuanian Embassy delegation expressed gratitude for the collaboration with the Sharjah Chamber, acknowledging its role in enhancing economic relations and providing effective communication channels for business communities. They reiterated the importance of broadening areas of cooperation with Sharjah and leveraging the opportunities available across various economic sectors. The visiting delegation also underscored the need to enhance coordination between commercial institutions in both countries to encourage direct relationships between companies and open up new avenues for trade and investment.
Concluding Discussions
Concluding the meeting, both parties deliberated on mechanisms to further develop economic and trade cooperation, the significance of exchanging information regarding available investment opportunities, and the activation of communication channels between the business communities. This approach aims to identify priority areas for collaboration and pave the way for practical partnerships between companies in Sharjah and Lithuania.
For further inquiries and details, please contact:
Ali Al Jundi
Misbār Public Relations and Media
00971545568608
[email protected]
Ahmad Al Dweiri
Misbār Public Relations and Media
[email protected]
Dana Al Bousheiti
Misbār Public Relations and Media
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