Page 339 - AJMAN TOURISM PR REPORT FLIP - MAY 2025

Club; Hussain bin Ibrahim Al Hammadi, UAE Ambassador to the People's Republic of China
Abdullah bin Mohammed Al Muwaiji, Chairman of Ajman Chamber.

The MoU was signed by Marwan Al Shaali, Board Member of Ajman Chamber, and Yang Shuchao,
Vice Chairman of CCPIT – Chongqing Committee.

The MoU stipulates strengthening frameworks for joint cooperation and developing bilateral
relations in the economic, commercial, and investment fields.
It encourages business owners to build fruitful partnerships that support increasing the volume of
bilateral trade between Ajman and Chongqing specifically, and between the UAE and China
generally.

It also emphasises the importance of exchanging economic and commercial information related to
industrial, trade, and investment sectors. This exchange facilitates market research and raises
awareness of available investment opportunities on both sides, enabling business owners to make
effective and well-informed investment decisions.

Both parties agreed on the importance of organising forums, seminars, and specialised
conferences to promote the exchange of knowledge and expertise across all sectors, identify
available investment opportunities, encourage the exchange of trade delegations, and provide
necessary support for business owners.
The MoU also calls for joint meetings between Ajman Chamber and CCPIT – Chongqing Committee
to discuss activating the MoU’s provisions, develop recommendations to advance existing bilateral
relations, and ensure the continuity and expansion of cooperation under the MoU.

On the sidelines of the signing ceremony, Al Muwaiji highlighted the significance of the visit and the
role of the MoU in enhancing cooperation opportunities, opening new horizons for partnerships and
knowledge exchange, and promoting the competitive advantages of Ajman.
He also emphasised investment opportunities on both sides, praising Chongqing’s leadership and
excellence in technology, automotive, aerospace and satellite industries, energy, education, and
other sectors, which create broad prospects for joint cooperation between Ajman and Chongqing.

Al Shaali stated, “Ajman Chamber places great importance on expanding its international
partnerships to support Ajman Vision 2030’s goals and its direction towards creating a competitive
business environment and an investment climate that drives economic growth and increases the
volume of bilateral trade.”

He affirmed that signing the MoU with CCPIT – Chongqing Committee represents a strategic step
toward strengthening economic and commercial cooperation between both parties and opening
new horizons for partnership and exchange of investment opportunities.

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