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RAK discusses business ties with Rwanda

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Ras Al Khaimah and the Africa’s Republic of Rwanda have explored areas of cooperation in manufacturing, business, and trade.  At a meeting between Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry, and Emmanuel Hategeka, Ambassador of the Republic of Rwanda to the UAE, the two sides expressed the desire to develop mutual business plans and increase the efforts to reinforce cooperation in the economic and investment sectors.  

Al Nuaimi stated that the Republic of Rwanda is home to high-quality raw materials which are used in various industries and products manufactured in many countries across the world. The emirate of Ras Al Khaimah can benefit from such raw materials as it accommodates over 6,000 industries producing different kinds of products.  

Hategeka pointed out that the companies in Rwanda seek to develop economic partnerships with the companies in Ras Al Khaimah, particularly in the ceramics and cement sectors and the other key industries. He noted that Rwanda offers encouraging incentives and laws that contribute to ease of investment in the country. 

Al Nuaimi underscored the importance of the cooperation between the two sides to find and provide the incentives that encourage the investors and business owners and to explore the investment opportunities in the markets of both sides, this shall contribute to building exceptional foundations for reinforcing the mutual business cooperation. 

Al Nuaimi added that there are many strategic opportunities that shall enhance the business relations between the emirate of Ras Al Khaimah and Rwanda and support their economic positions, as Ras Al Khaimah is one of the attractive economic destinations in the region, while Rwanda is a fertile country and represents a unique gate to the African Union States, he affirmed the commitment of Ras Al Khaimah to provide many services, share the investment experience and coordinate and cooperate with the Embassy of the Republic of Rwanda in UAE to provide the Ras Al Khaimah Chamber of Commerce & Industry necessary information and data that serve the business communities in Rwanda and Ras Al Khaimah.

Hategeka, stated that the main purpose of the visit is to closely explore the opportunities offered by Ras Al Khaimah and the development witnessed by the emirate in the last few years, in addition to discussing the cooperation between Rwanda and the emirate of Ras Al Khaimah.  

The Ambassador invited the Ras Al Khaimah Chamber of Commerce and Industry to sign a cooperation agreement with Rwanda Chamber of Commerce to establish suitable foundations that reinforce the relations between the private sectors in Rwanda and the emirate of Ras Al Khaimah and support the sustainable development in both sides. 

The meeting was held recently at Ras Al Khaimah Chamber of Commerce and Industry in the presence of Arifa Saleh Al Falahi, Board member, Chamber of Commerce and Industry, Mohamed Hassan Al Sabab, Director General of RAK Chamber of Commerce and Industry, and Eman Al Hayyas, Deputy Director-General for Trade Services and Business Development in the Chamber.

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