Sharjah and Tatarstan Chambers of Commerce and Industry signed Cooperation Agreement

On April 7, Tatarstan delegation held its first meeting with the Chairman of Sharjah Chamber of Commerce and Industry Ahmet Mohhamed Al Midfa on the threshold of IV annual investment meeting in Dubai.

The Republic of Tatarstan is represented by Aide to Tatarstan President Radik Gimatdinov, trade and economic representative of the Republic of Tatarstan in United Arab Emirates Timur Khairutdinov, Director General of OAO “Special economic zone “Innopolis” Igor Nosov, and Board Chairman of Chamber of Commerce and Industry Shamil Ageev.

The economic and investment potential of Sharjah was presented to the Tatarstan delegation during the meeting. It was also told about priority development areas and the activity of Sharjah Chamber of Commerce and Industry. About 20 industrial areas have been established in the emirate of Sharjah, where mainly small and medium-size chemical enterprises are located in a free trade zone.

Director General of OAO “Special economic zone “Innopolis” Igor Nosov told about the development of IT-industry in Tatarstan and a major project “Innopolis”. “Such meetings are an excellent platform to present our economic and investment opportunities,” Igor Nosov pointed out.

Chairman of Sharjah Chamber of Commerce and Industry Ahmet Mohhamed Al Midfa, in his turn, showed great interest in regional cooperation, especially with Tatarstan. “I am sure that the visit of Tatarstan delegation will contribute to the development of relations between Russia and the Emirates,” Ahmet Mohhamed Al Midfa assured.

The meeting resulted in signing a cooperation agreement between Sharjah and Tatarstan Chambers of Commerce and Industry, aiming at developing mutually beneficial trade relations between Russian and UAE businessmen.