UAE- Shurooq signs MoU with China Overseas Development Association

9/8/2015 5:18:19 AM

(MENAFN- Emirates News Agency (WAM))

SHARJAH 8th September 2015 (WAM) -- The Sharjah Investment and Development Authority Shurooq today announced that it has signed a Memorandum of Understanding MoU with the China Overseas Development Association CODA a non-profit organisation that supports the development of Chinese enterprises overseas.

Signed by Marwan bin Jassim Al Sarkal Shurooq Chief Executive Officer and Hu Weiping Secretary-General of CODA the MoU aims to facilitate and promote trade and investments between Sharjah and China. The MoU signing ceremony was attended by Badir A. Almusharrekh the UAE's Commercial Attache in the People's Republic of China along with a number of officials from Shurooq and CODA.

The MoU signing took place during Shurooq's participation in an official UAE delegation visit to China organised by the UAE Ministry of Economy from the 7th to 11th of September. During the visit officials from Shurooq are meeting a number of Chinese private and public entities including the China Investment Promotion Agency.

The delegation is also participating in the World Economic Forum Annual Meeting in Dalian and the China International Fair for Investment and Trade in Xiamen.

WAM/Rasha/Moran

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