New Delhi Jan 30 (KNN) With the objective to benefit from interchanging of ideas and information from other nations, United Arab Emirates (UAE) is considering  to collaborate with Tokyo SME Support centre.

A meeting between Ebrahim Esmail Fateh Ali Al Khaja, member of the board of directors of the Abu Dhabi Chamber of Commerce and Industry, and chairman of the Professional Sector Committee at the Chamber and  Kazumasa Susaki, director-general of the Tokyo SME Support  recently took place to discuss possible collaborations.

The two sides deliberated on the importance and opportunities of cooperation between the organizations.

Agenda behind this meeting was to introduce international business persons and investors to Abu Dhabi economic sectors and to make the environment attractive and competitive for the investment specifically for Small and Medium Enterprises (SMEs).

In the recent times, nations in the middle-east are focusing towards expanding and developing their micro, small and medium enterprises sector, moving away from remaining an oil dependent economy.

Also recently, eyeing at encouraging entrepreneurs to launch new businesses in the Small and Medium Enterprises (SME) sector, the Saudi Arabian General Investment Authority (SAGIA) announced new licensing service recently.

Under the new policy, entrepreneurs and innovators from around the globe can apply for a license and also take benefit from various business incubators, research centres and small and medium enterprises (SME) services to start their own unit in the kingdom. (KNN/YV)