Ras al khaimah: Ras Al Khaimah Chamber of Commerce and Industry (RAK Chamber) has discussed means to enhance trade and economic cooperation with an Indian trade delegation and explore investment opportunities in both countries.
According to Emirates News Agency, a business delegation from India, led by B.G. Krishnan, Consul of Economic, Trade, Commerce and Education at the Consulate-General of India in Dubai, accompanied by two officials from the Trade Section, visited the RAK Chamber. The delegation was received by Youssef Mohamed Ismail, First Vice Chairman of the Chamber and Head of the Supreme Committee of the Saud Bin Saqr Establishment for Youth Project Development, in the presence of Dr. Ahmed Al Shemeili, Director-General of the Ras Al Khaimah Chamber of Commerce.
Ismail emphasized that both the Chamber and the Saud bin Saqr Foundation are committed to strengthening bilateral relations, particularly in the business sector, and boosting cooperation between private sector establishments in Ras Al Khaimah and India. He noted that Ras Al Khaimah's abundance of resources, coupled with its strategic location, makes it an ideal destination for promising and successful investments.
He further pointed out the Emirate's free zones, which aim to build a global investment infrastructure supported by diversified incentives that attract foreign investments. BG Krishnan underlined the deep historical and trade relations between the UAE and India in general, and the Emirate of Ras Al Khaimah in particular. He praised the investment advantages in Ras Al Khaimah that attract foreign investors, along with the various facilities provided to them.
Krishnan encouraged business owners from both sides to benefit from shared expertise to strengthen trade relations and develop the entrepreneurship sector.