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In continuation of the discussions that took place between the Umm Al Quwain Chamber and the Japanese Foreign Trade Authority last July, the second meeting between the Chamber and the Japanese Foreign Trade Authority was held on 26/9/2018. The meeting was attended by HE. Saeed Bin Nasser ALTALAY, Chairman of the Board of Directors and HE. Khalfan Ahmed Mesfer, Vice Chairman and HE Aisha Rashid Leytaim, Board Member. On the Japanese side, Mr. Masami Ando, Director General of the Dubai and Middle East Office of the Japanese Foreign Trade Authority, Tsuchi And his first assistant, Mr. David Thomas.

His Excellency Mr. Masami Ando expressed his pleasure to renew the meeting with officials at the Umm Al Quwain Chamber and the aspirations of the Japanese Foreign Trade Commission to build strong relations aimed at developing investment and emphasizing cooperation between Japanese and Emirati businessmen, especially businessmen in Umm Al Quwain. H.E Saeed bin Nasser ALTALAY welcomed the Japanese delegation and expressed his happiness to complete the dialogue and consultation on mechanisms of joint cooperation between Japanese businessmen and their counterparts in Umm Al-Quwain He stressed that there are many areas of investment available in the emirate and there is a definite desire to transfer advanced technologies in Japan, and Khalfan Ahmed Mesfer stressed that there are necessities for mutual cooperation between the two parties, especially as the emirate has many advantages to support and encourage investment. Building new partnerships.

HE Aisha Rashid Leytaim expressed her pleasure to attend this meeting and stressed that there are broad areas for joint cooperation between the two sides, especially in the field of exhibitions, forums and workshops, and that businesswomen have an active role in this regard.

The two sides agreed that a large Japanese delegation representing the business owners will visit the emirate later to be agreed upon to discuss with their counterparts in the emirate ways and mechanisms of joint cooperation. The Chamber will then register the names of businessmen in the emirate who wish to meet with the large Japanese delegation representing business owners and research In the areas of joint cooperation.

His Excellency Saeed bin Nasser Al-Talai, Chairman of the Chamber of Commerce and Industry of Umm Al Quwain, received today HE Radwan Hassan, Consul General of the Indonesian Republic in Dubai and the Northern Region and a number of Indonesian businessmen, In the presence of HE Khalfan Ahmed Mesfer, Deputy Chairman of the Chamber and HE Humaid Rashid Al Shamsi, Secretary General of the Executive Council of the Emirate of Al Quwain HE Abdulrahman Al Zarouni, Board Member, HE Aisha Rashid Laitim, Board Member and HE Abdullah Khamis Al Suwaidi, Director General of the Chamber.

HE Saeed bin Nasser Al-Talai welcomed the visiting delegation and expressed his pleasure at the visit which underscores the importance of developing joint relations and enhancing the levels of trade cooperation with Indonesia. He pointed out that the Emirate of Umm Al Quwain has the right atmosphere for joint investment and promotion of Indonesian investments. HH Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, is ready to offer all means of cooperation in the field of investment development.

For his part, HE Radwan Hassan expressed his pleasure at this visit and appreciation of the reception. He pointed out that he and the accompanying delegation are reviewing all aspects related to the development of joint investment and statement of investment fields in Indonesia and standing on the same fields in Umm Al Quwain and the UAE. (33) Expo Indonesia 2018.  Al-Talai, welcomed the invitation and stressed the importance of encouraging business owners in the emirate to attend the exhibition.

During the meeting, they reviewed the areas of investment and consultation among employers in the field of economic and commercial cooperation.

The President and the Indonesian Consul exchanged shields and souvenirs on this occasion, stressing the need to strengthen cooperation and the continuation of meetings and visits between the two parties.

HE Saeed bin Nasser Al-Talai, Chairman of the Board of Directors of the Umm Al Quwain Chamber meets HE Masami Ando, ​​Director General, Dubai, Middle East and North Africa Office, Dubai, to the Japanese Foreign Trade Authority accompanied by the Executive Director, Mr. Tomo Hiro Tsuchiya, David Thomas. The meeting was attended by His Excellency Mr. Khalfan bin Ahmed Mesfer, Deputy Chairman of the Board, HE Abdullah Khamis Al Suwaidi, General Manager of the Chamber, Mr. Basim Al Zubaidi, Chamber Advisor, and Mr. Salem Rashed Al Alieli, Director of Information Department.

The Chairman of the Board welcomed the delegation and expressed his pleasure at this visit in order to achieve and develop common visions to stimulate joint cooperation. He pointed out that the Emirate of Umm Al Quwain has many advantages and elements to be fertile environment for the establishment of more joint cooperation between the two sides, especially as there is a trend between the State and Japan to develop mechanisms and a common strategy for trade and economic cooperation.

HE Khalfan bin Ahmed Mesfer praised the cooperation with Japan and the development of this cooperation in recent years and develop the capabilities and interaction of the private sector and benefit from the possibilities available to both parties, especially in the technical field and investment climate.

HE Abdullah Khamis Al Suwaidi said that the Chamber has already participated in meetings with Japanese businessmen through the directives of the Ministry of Economy and is fully prepared to develop relations between the private sector in both countries.

HE Mr. Masami Ando expressed his sincere thanks to the Chamber and the accompanying delegation and stressed that the objective of the visit is to strengthen relations and develop the possibilities of joint cooperation and stressed that it is appropriate to hold a joint meeting between Japanese businessmen and businessmen in Umm Al Quwain to discuss areas of economic and commercial cooperation. The Chamber to consider this proposal and to set an appropriate date for the holding of this joint meeting. He added that there is broad potential for cooperation between the two sides.

The delegation reviewed the economic development and tourism in the emirate through a review of some documentaries and discussed some aspects related to the investment climate in the Emirate where Mr. Salem Rashed Al-Alili reviewed all the elements provided by the Chamber in the field of guiding the cooperation between the private sector.

HE Saeed Bin Nasser Al Talai presented the Chamber\’s gift to the Director General of the Dubai office of the Japanese Foreign Trade Authority on the occasion of his visit to the Emirate.

The Memorandum of Understanding was signed at the headquarters of the Umm Al Quwain Chamber of Commerce and Industry. It was signed by the UAE Council for Foreign Investors, HE Jamal Saif Al-Jarwan, Secretary General of the Council and HE Abdullah Khamis AlSuwaidi General Manager of the Chamber of Commerce and Industry of Umm Al Quwain.

The signing ceremony was attended by HE Saeed Bin Nasser Al Talai, Chairman of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry, HE Khalfan Ahmed Mesfer, Vice President of the Chamber, and HE Abdulrahman Abdul Rahim Al Zarouni, Board Member.

HE Saeed Bin Nasser Al Talai, Chairman of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry, expressed the aspirations of His Highness Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, to move forward in achieving comprehensive excellence in performance and services. Meets the aspirations of His Highness and the aspirations of the wise leadership to achieve leadership and excellence in all fields locally, regionally and internationally, in order to achieve the vision of the UAE 2021 to become the UAE one of the best countries in the world.

And his pride and pride in the role played by the Emirates Council for investors abroad, which reflects positively on the reputation of the UAE in general and UAE investors in particular.

His Excellency Abdullah Khamis Al Suwaidi, General Manager of Umm Al Quwain Chamber of Commerce and Industry, expressed his pleasure at signing the Memorandum with the Emirates Council for Overseas Investors. He welcomed the cooperation with the Council and the possibility of benefiting from its role in providing effective recommendations to support companies\’ ability to make the right investment decisions. Abroad.

He added that the signing of the MOU is part of the efforts of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry to continue to upgrade its services and develop them in cooperation with partners. The Chamber is keen to encourage and attract investments to the UAE and to inform Arab and foreign investors of the opportunities available in Umm Al Quwain.

Al Suwaidi affirmed that the signing of the MOU is the result of ongoing efforts and joint endeavors to promote and develop the investment climate. This memorandum covers the scope of cooperation in exchanging experiences, holding seminars and joint workshops, providing all data and information on foreign markets and investment opportunities. And national investment wishing to invest abroad.

In a statement to HE Jamal Saif Al Jarwan, Secretary General of the Emirates Council for Investors Abroad, he said that the memorandum was signed on the directives of His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Board. Governmental and private sectors to reflect the commitment of these entities to the directives of the wise leadership, in particular to enhance complementarity in roles and responsibilities, to work in a team spirit and to develop public and private partnerships within and outside the country that produce initiatives and Practical achievements that serve the vision and objectives of the State.

Al-Jarwan added that under this memorandum, the two sides agreed to establish a cooperative and coordination framework as well as other items agreed between the two sides, thus enhancing their implementation in the best way to enhance the partnership between the public and private sectors.

Al Jarwan concluded by congratulating the leadership on the occasion of the holy month of Ramadan. \”With great joy and pleasure, on behalf of myself and on behalf of the Board of Directors of the Emirates Council for Investors Abroad, I am honored to be the patron of His Highness Sheikh Khalifa bin Zayed Al Nahyan, , His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and their brothers, Rulers of the UAE, the most beautiful packages of congratulations and prestige By the blessed month of Ramadan, God restored us and the UAE and its people and the Arab and Islamic nation with good and blessings.

Saeed bin Nasser Al-Talay, Chairman of the Board of Directors of Umm Al-Quwain Chamber of Commerce and Industry, said that reducing fees reduces the burdens on investors and promotes investment and development in the emirate, pointing out that the Chamber exempted all projects for previous periods from fines and fines. Speed   up the process of renewal and licensing of licenses, and was able to train a specialized staff to prepare free feasibility studies for entrepreneurs to manage their projects and exemption from membership fees for a period of 3 years.

He explained that the directives of His Highness Sheikh Saud bin Rashid Al Mualla, Member of the Supreme Council and Ruler of Umm Al Quwain to the Department of Economic Development in the Emirate, to reduce the cost of doing business in Umm Al Quwain by reducing the fees in the department 20%, in addition to exempting all licenses ending fines and violations The renewal of commercial licenses will attract new investors and investments to the emirate, especially as its geographical location distinguishes it due to its proximity to the free zones and airports, which facilitates the movement of investors.

Stimulate

He said that these directives will contribute to stimulating the economy in the emirate. The Chamber has also established a clear mechanism and steps to support and develop investment in the emirate and its impact on the development of the UAE national economy. He added that reducing investment fees and licensing and exempting those who are late for renewing their licenses will have a great impact on encouraging and supporting investment.

He pointed out that the Chamber has initiated the translation of the directives of His Highness the Ruler of Umm Al Quwain since the beginning of the field of investment development and will exempt all projects for the previous periods from any fees for fines and violations resulting from them.

Reduction

Saeed Al-Talay added that the Chamber, in the direction of translating the directives of His Highness the Ruler of the Emirate, initiated earlier to reduce membership fees, and made it a unified fee for membership and abolished the multiplicity of activities fees, and it continues to provide all facilities for entrepreneurs. And free of charge for entrepreneurs to manage their projects and exempt them from membership fees for 3 years in accordance with the directives of His Highness the Ruler of the Emirate, in addition to exempting them from license fees for the same period.

Forum for Business

Saeed Al-Talay explained that the Board of Directors of the Chamber during its last session decided to hold a forum for business and investment in Umm Al-Qaiwain during the next September will contribute to all federal and local government and commercial accessories to Arab and friendly countries and will receive many papers on the development and encouragement of business and investment. Will be held in Umm Al Quwain next November to review the developments in the field of industry in the emirate and study the possibilities of developing them.

He pointed out that the Umm Al Quwain Chamber appreciates the directives of His Highness the Ruler of the Emirate in supporting business and investment and that the Chamber affirms that it will work in cooperation with all concerned departments and agencies in developing and motivating investment and urging license holders to renew their licenses and take advantage of this opportunity in the exemptions. The state of goodness and tolerance.