FCCI seeks to build trade relations with EU

Fujairah / WAM

The Fujairah Chamber of Commerce and Industry (FCCI), and the European Union Mission in the UAE, have discussed the economic and trade relations between the UAE in general, and the emirate in particular, with EU countries.
The parties also covered ways to promote ties between Fujairah’s entrepreneurs and their counterparts in the EU.
Discussions took place during a visit by Ambassador Patricio Fondi, Head of the EU mission in the UAE, to the chamber, accompanied by EU mission officials, who were received by Sultan Jamee’ Obeid, Deputy Director-General of FCCI.
During the meeting, Jamee’ Obeid highlight
Fujairah’s strategic location on the Hormuz Strait, the centre of the trade movement in Europe, the Middle East, Africa and South Asia.
He also elaborated on the available investment opportunities in the emirate, especially in the crude oil storage and refinement sector, as well as in petrochemical industries, tourism and logistics services.
FCCI Deputy Director-General said that the relations between the UAE and the EU countries had witnessed a significant development in the economic and trade areas, and referred to the signing of many important agreements aimed at encouraging the growth of mutual investments, as well as increasing joint trade and commercial cooperation.
Ambassador Fondi expressed the keenness of EU countries to promote and develop their ties with UAE and underscored the importance of exchange visits between the two sides.