Sharjah:The Federation of UAE Chambers of Commerce and Industry has announced the establishment of the UAE-Burundi Business Council. This initiative marks a significant step towards enhancing trade and economic cooperation between the business communities of both countries.
According to Wam, the launch of the UAE-Burundi Business Council increases the total number of business councils under the UAE Chambers' umbrella to 80, further expanding its network and strengthening opportunities for business partnerships.
The announcement was made during a ceremony at the Sharjah Chamber of Commerce and Industry (SCCI), where a memorandum of understanding (MoU) was signed between the UAE Chambers and the Federal Chamber of Commerce and Industry of Burundi (CFCIB). The signing ceremony was attended by notable figures including Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of SCCI, and Fahad Al Gergawi, Undersecretary of the Ministry of Foreign Trade, along with other officials from both parties.
Abdallah Sultan Al Owais emphasized the importance of the new business council in advancing bilateral relations and expressed confidence that it would deepen economic ties and open new avenues for cooperation between the UAE and Burundi. He reiterated the commitment of the UAE Chambers and SCCI to support the growth and development of private-sector companies by providing necessary resources and facilities.
Olivier Suguru, President of the Federal Chamber of Commerce and Industry of Burundi, commended the efforts of the UAE Chambers and SCCI in establishing the business council, noting that it reflects their dedication to fostering private-sector growth and creating a supportive environment for entrepreneurs and investors.
The Federation of UAE Chambers is actively working with various chambers of commerce to ensure that business councils receive the necessary support and facilities, including participation in chamber-organized events and business meetings to expand commercial networks and strengthen trade relations. It also acts as a key channel connecting the UAE's private sector with global business communities by engaging with business council members and conveying their recommendations to relevant authorities.