The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI/ WAM
The UAE Federation of the Chambers of Commerce and Industry (FCCI) discussed the potential formation of a joint business council with Latvia.
The council’s goal will be to facilitate trade and investment cooperation and serve as a forum for entrepreneurs and investors. It would also organise joint activities and encourage mutual visits by trade missions and participation in trade fairs and exhibitions hosted by both sides.
The proposal was made at a meeting between Humaid Mohammed bin Salem, Secretary-General of the FCCI, and Dana Goldfinča, Ambassador of the Republic of Latvia to the UAE, at the FCCI’s office in Dubai.
The meeting was also attended by Ahmed Juma Al Qaizi, FCCI Assistant Secretary-General, and Marcis Maksims, Deputy Head of the Latvian Mission to the UAE.
During the meeting, Humaid bin Salem highlighted the importance of establishing a joint business council to enhance and create direct relations between Emirati and Latvian entrepreneurs and investors and improve their bilateral ties, especially in key areas such as information technology, small and medium-sized enterprises, food, tourism, and innovation.
These sectors are crucial for reinforcing the cooperation between the two nations, he said.
Goldfinča lauded the bilateral ties between the two countries and welcomed the cooperation with FCCI and its efforts to serve their business communities.