Shurooq inks MoU with US Chamber of Commerce
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The Sharjah Investment and Development Authority (Shurooq) and US Chamber of Commerce have inked a memorandum of understanding (MoU) aimed at promoting investment, trade and economic cooperation.
The MoU was signed by HE Marwan bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq) and David C Chavern, executive vice president and chief operating officer of the US Chamber of Commerce, in the presence of a number of officials from both Shurooq and the US Chamber of Commerce.
Under terms of the MoU Shurooq and US Chamber of Commerce will encourage, promote, and facilitate investment and development cooperation among their respective business communities, in addition to establishing, coordinating, and expanding a business network that facilitates the circulation of the business opportunities available in both countries.
Sharjah Investment and Development Authority (Shurooq) CEO, HE Marwan Al Sarkal said: “The relationship between the UAE and USA is both longstanding and highly mutually beneficial, and as economic, cultural, and artistic exchange between our countries continue to grow, so do our mutual ties. As an emirate, Sharjah has a great deal to offer American businesses looking to find a home base in the Middle East and our aim with this agreement is to create awareness about Sharjah’s extensive offering and unique advantages amongst the American business community.”
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