Abu Dhabi:Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers, and Anand Amgalan, Ambassador of Mongolia, discussed potential investment opportunities and strategies to enhance cooperation between the Emirati and Mongolian private sectors.
According to Emirates News Agency, the meeting focused on the interest of Emirati businesspeople in exploring investment opportunities in Mongolia and the incentives available for foreign investors. The UAE Chambers are encouraging investors to consider these opportunities, emphasizing the UAE's commitment to expanding bilateral relations in a way that benefits the business communities of both countries.
Humaid bin Salem highlighted the UAE's strategic advantages, including its location as a gateway to regional markets. He advocated for an increase in trade delegations and visits between the two countries to identify investment opportunities and foster partnerships between Emirati and Mongolian businesspeople.
He also mentioned the potential for signing a memorandum of understanding on cooperation with the Mongolian National Chamber of Commerce and Industry. Anand Amgalan commended the UAE Chambers' efforts to develop economic relations, stating Mongolia's desire to deepen these ties for mutual prosperity.