Abdullah Al-Muwaijai, Chairman of the Ajman Chamber of Commerce (ACCI), received Tej Bahadur Chhetri, the Ambassador of Nepal, to discuss ways to enhance economic cooperation, strengthen trade relations, and explore available investment opportunities between the two countries.
The meeting was held at the Ajman Chamber’s headquarters in attendance of Mohammed Ali Al Janahi, Executive Director of the Member Support Services Sector, Aisha Al Nuaimi, the Acting Director of Investment and Business Promotion at the Ajman Chamber, and Anas Mahdi, Director of the Office of the Ambassador of Nepal.
Abdullah Al Muwaiji emphasised the importance of the meeting in strengthening economic ties between UAE and Nepal and highlighted available investment opportunities and ways to develop trade relations to enhance the volume of trade exchange between the two countries.
He stated that Ajman and Nepal possess promising opportunities for developing mutual economic and investment relations, affirming UAE’s commitment and eagerness to provide support and facilitate business operations for investors from Nepal
During the meeting, the Ajman Chamber presented the available investment opportunities in sectors such as real estate, construction, tourism, education, health, hospitality, and others.
The attendees emphasised the importance of benefiting from the growth of trade exchange in the food and beverage sector, especially given the increase in trade between UAE and Nepal by 30 percent in 2023 compared to 2022. Additionally, the membership of Nepalese nationals in Ajman grew by 9.5 percent in 2023.”
Tej Bahadur Chhetri affirmed that Nepal looks forward to enhancing its economic relations with the UAE. He added, “We seek to develop cooperation with the Emirate of Ajman and establish a sustainable strategic partnership that supports increasing mutual investments and growing the volume of trade exchange.”
The also discussed the need to organise specialised exhibitions and hold joint forums to increase cooperation opportunities among business owners, and to highlight the available investment opportunities in UAE and Nepal.
Source: Wam.ae
