Forum highlights new partnership avenues between Sharjah, S.Korea

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) organised the Sharjah-Korea Business Forum as a platform to expand bilateral cooperation, promote investment opportunities, and strengthen business ties between Sharjah and the Republic of Korea.

- Staff Reporter, Gulf Today

The forum focused on fostering partnerships in key strategic sectors including digital industries, artificial intelligence (AI), financial technology, digital healthcare, smart transportation, advanced manufacturing, and other future-facing industries.

During the forum, which was held at SCCI's headquarters, the Sharjah Chamber signed a Memorandum of Understanding (MoU) with the Korea International Trade Association (KITA).

The MoU seeks to strengthen trade relations, expand areas of bilateral cooperation, and support initiatives that facilitate economic collaboration between the business communities of both friendly countries.

The agreement was signed by Abdallah Sultan Al Owais, Chairman of SCCI, and Jin Sik Yoon, Chairman of KITA, in the presence of Mohammed Ahmed Amin Al Awadi, Director-General of SCCI. Also present were Sheikh Dr. Saleh S. Alsharqi, Head of Economic Affairs at the UAE in the Republic of South Korea, and Dr Fatima Khalifa Al Muqarrab, Director of International Relations Department at SCCI, along with several officials from both sides. Under the MoU, both parties will work to encourage the exchange of trade delegations and discussions in the fields of export and economy and will support followup visits for this purpose. They will also coordinate to establish and expand a business network which facilitates the circulation of business opportunities among the two countries.