RAK Chamber Chairman, Kyrgyz Ambassador discuss investment, trade cooperation
RAS AL KHAIMAH, 8th March, 2022 – Mohamed Ali Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE, discussed enhancing the investment and trade cooperation between the two sides.
Their discussion took place during a meeting held at Waldorf Astoria Hotel in Ras Al Khaimah, which was attended by Mohamed Hassan Al Sabab, Acting Director-General of the Chamber, and representatives of the Ras Al Khaimah Economic Zone (RAKEZ) and the Ras Al Khaimah Tourism Development Authority.
The meeting addressed ways of strengthening the relations between Kyrgyzstan’s business community and that in the emirate of Ras Al Khaimah, and the two sides agreed to organise a business visit by a delegation from the chamber to Kyrgyzstan.
During the meeting, Al Nuaimi highlighted the advantages that Ras Al Khaimah’s business and investment environment offers, the available investment opportunities in the tourism, industrial, trade and logistics sectors, and the importance of participating in exhibitions showcasing small and medium-sized enterprises (SMEs) organised by the Saud bin Saqr Foundation for Youth Project Development.
The meeting also discussed several projects and investment opportunities that will increase the trade exchange between Kyrgyzstan and Ras Al Khaimah, and the volume of their mutual investments, in addition to several topics in the areas of aviation, infrastructure, logistics, food security and clean energy.
Jumabaev highlighted investment opportunities in the areas of trade, agriculture and tourism available in Kyrgyzstan and his country’s leading export and agricultural products. He also addressed the need to establish direct flights between airports in Kyrgyzstan and Ras Al Khaimah.