Baku. 10 December. REPORT.AZ/ The economic delegation from Azerbaijan has discussed ways to develop economic cooperation, and build partnerships between the business communities with the Sharjah Chamber of Commerce and Industry (SCCI).
Report informs citing Arab media that during the business meeting, the two sides reviewed the prospects of cooperation, and ways to encourage the Emirati and Azerbaijani business communities to participate in the economic events and exhibitions that are held by both sides, which helps to enhance the economic, investment and trade relations between the two countries.
Abdulla Ibrahim Deaifis, board member of the SCCI, highlighted the importance of the meeting that allows businesspeople from both Sharjah and Azerbaijan to review possible avenues of cooperation and the investment opportunities available in both countries, in order to help strengthen the existing bilateral relations, which have witnessed remarkable development during the last five years.
Deaifis stressed that the Sharjah Chamber is keen to build bridges of cooperation between Sharjah's business community and their counterparts in Azerbaijan. He added that the investment opportunities enjoyed by both sides will ensure strong strategic partnerships, especially since Sharjah encompasses 20 Azerbaijani companies, while the total of value of exports and re-exports from Sharjah to Azerbaijan amounted to Dh53 million until November of this year.
Azerbaijan has exempted UAE nationals from the requirements of obtaining a pre-entry visa, and this contributed to increasing the number of visitors from the UAE to Azerbaijan by around 50 thousand tourists annually. The exemptions have also led to a growth in the number of flights to about 30 flights weekly between the different cities of the two countries, which helps to enhance communication between the people of both nations and contributes to the growth of the business sectors.