Page 265 - AJMAN TOURISM PR REPORT FLIP - MAY 2025

6/2/25, 3:42 PM Ajman DED signs 2 MoUs to boost economic ties with China
and reinforce Ajman’s status in the global arena.

The MoUs were signed by Saif Ahmed Al Suwaidi, Director-General of Ajman

DED; Tu Xingyoung, Deputy Director-General of the Chongqing Municipal

Economy and Information Technology Commission; and Zhang Yongwu, Director-

General of the Chongqing Municipal Commission of Commerce.

The agreements by Ajman DED and Chinese
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goverment agencies intend to exchange

knowledge and best practices in trade policies,

industrial planning, and business development.

They also support bilateral investments by

streamlining company entry procedures,

Ajman Bank launches developing industrial zones, organizing trade

bold net zero emissions missions and exhibitions, jointly promoting

strategy strategic projects, and supporting sustainable

energy efficiency initiatives in technology fields.

As part of the newly signed agreements, a key initiative titled ‘Chongqing Cars Go

Global’ has been launched, marking a significant step in strengthening industrial

and trade relations. This project aims to open showrooms and industrial assembly

lines in Ajman.

According to the statement, the MoUs stipulate the formation of joint committees

to oversee implementation, the holding of regular meetings to propose new

initiatives, and the appointment of official liaison points to facilitate coordination.

Cooperation areas also include economic data exchange, collaboration in smart

transformation and modern industries, support for high-value projects, and the

development of partnerships between universities and research centers.

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