The Department of Seaports and Customers in Sharjah announced on Monday "sisters ports” agreement with the Canaveral Port Authority of Florida in the US. The agreement confirms the two ports' status as "sister ports” in order to extend their mutual understanding for the development of economic resources, international trade and logistics.
The department said in a statement that the agreement is set to explore new opportunities to develop cooperation between the ports. This is in addition to enabling private companies within the catchment area of the ports to collaborate on trade and investment prospects.
The port authorities stated they are committed to exchanging information and knowledge; moreover, develop commercial, technological and cultural ties for their mutual advancement.
The signing ceremony was hosted by Gulftainer, as the main container terminal operator at both authorities' facilities.
Gulftainer started its operations in Sharjah in 1976 with the first container terminal in the Gulf. The company will play a key role in enhancing communications between both organisations and the various clients and private companies currently calling at their ports.
Bilateral trade between the two countries has grown more than 80 per cent exceeding more than $24 billion in 2014.
Source: Gulf News
GMT 12:09 2018 Sunday ,09 December
Investment minister witnesses MoU to support clean technology start-up acceleratorGMT 10:25 2018 Friday ,07 December
Venezuela inks deals worth six bn dollars with RussiaGMT 15:42 2018 Tuesday ,04 December
EBRD President Suma Chakrabarti to visit EgyptGMT 08:27 2018 Sunday ,02 December
G20 leaders back WTO reform despite clear divisionsGMT 08:27 2018 Tuesday ,27 November
Eurasian Economic Union to protect itself from anti-Russian sanctionsGMT 12:21 2018 Sunday ,25 November
Egypt's Investment minister meets Lebanese PM to boost economic cooperationGMT 21:48 2018 Friday ,23 November
French lawmakers fear intimidation by 'yellow jacket' fuel protestersGMT 11:56 2018 Tuesday ,20 November
South Korea hosts Boao Forum for Asia in SeoulMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor