Invest in Sharjah Concludes Successful Business Summits in South Korea and Shanghai

SHARJAH, UAE, December 13, 2016 /PRNewswire/ --

Sharjah has successfully eyed increased opportunities for business with Far East Asia following the participation of 'Invest in Sharjah' at two key summits. An initiative from Sharjah FDI Office, Invest in Sharjah took part at events in South Korea and China to introduce businesspersons in two of Asia's strongest economies to the emirate's fertile investment landscape.

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Invest in Sharjah's trip, which took place from December 4-8, heavily promoted the emirate as being the perfect hub between east and west. High on the agenda at the events was how citizens from both South Korea and China can now receive a visa on arrival to the UAE - a decision that was announced in September this year and one taken to promote both tourism and business in the UAE.

Throughout the trip the Invest in Sharjah representatives showcased the many benefits that investors could avail from Sharjah, with a strategic special focus on the four key sectors of Tourism and Leisure, Healthcare, Transport and Logistics and Real Estate and the Environment.

The first port of call in Invest in Sharjah's itinerary saw it travel to Seoul to highlight the array of advantages that Sharjah can offer Korean entrepreneurs considering setting up operations in the emirate. The organisation reiterated that South Korea was already a very important trading partner with the UAE, with bi-lateral trade between the two countries from 2010 to 2015 reaching AED 122.7 billion, of which AED 115.8 billion comprised the volume of UAE imports from Korea and AED 5.6 billion UAE exports in the other direction.

Following its visit to Seoul, Invest in Sharjah travelled to Shanghai to attend the Free Trade and Special Economic Zone Summit Shanghai 2016, which took place in the world's most populous city proper from December 7-8. Titled 'Global Investment Strategies for a Going Global China,' the event saw the representatives pitching to businesspersons in the world's largest economy by purchasing power parity (according to the IMF).

Invest in Sharjah's trips to Seoul and Shanghai are the latest in its extensive itinerary of overseas business visits is has conducted in 2016, with its representatives also having travelled to the United Kingdom, Germany, Italy, the United States and Cuba.

Contact: Mousa Nimer, +971-50-222-0561, m.nimer@nncpr.com