Sharjah:The Sharjah Chamber of Commerce and Industry (SCCI), through its Sharjah Export Development Centre, has successfully concluded its trade mission to Ethiopia. The mission included a bilateral business forum, business-to-business meetings, and engagements with Ethiopian companies to explore potential partnerships across key sectors.
According to Wam, the mission aimed to enhance trade and investment ties between Sharjah and Ethiopia, offering new opportunities for Sharjah-based businesses to expand into African markets. The theme of the mission was 'Fostering New Partnerships and Driving the Future Together'.
During the mission, the SCCI delegation met with Ethiopian ministers and senior government officials, such as Hassan Mohammed, Ethiopia's State Minister of Industry, and Dr. Sofia Kassa, State Minister for Agricultural Investment and Input Supply Development Sector. They also held discussions with the Ethiopian Investment Commission and other relevant bodies to explore investment opportunities and advance institutional collaboration.
The mission focused on strengthening cooperation between the business communities of Sharjah and Ethiopia, identifying investment prospects in sectors including manufacturing, food processing, packaging, and logistics. It also featured field visits to Ethiopian industrial facilities, providing insights into the local manufacturing ecosystem.
Abdallah Sultan Al Owais, Chairman of SCCI, emphasized the importance of international economic partnerships to enhance Sharjah's private sector competitiveness. He highlighted Africa's economic opportunities and investment potential, which can drive growth in bilateral trade and investment.
The trade mission featured the Sharjah-Ethiopia Business Forum, attended by around 150 Emirati and Ethiopian companies. A key outcome was the signing of a Memorandum of Understanding (MoU) between SCCI and the Addis Chamber, strengthening bilateral economic and trade ties.
Ali Salem Almheiri from BEEAH Group noted the mission's value in identifying collaboration opportunities in waste management and environmental treatment. The mission's activities clarified market requirements, enabling Emirati businesses to leverage their expertise in Ethiopia.
Trade relations between the UAE and Ethiopia continue to grow, with bilateral trade totaling USD 5.6 billion from 2021 to 2025, highlighting the significant economic interaction between the two nations.
