Al Mutaiwee receives the President of Chamber of Commerce of Djibouti

During the meeting, they discussed the bilateral economic relationships between Djibouti and Dubai, means of developing it and common interest issues.

The two sides reviewed the concept of signing a Memorandum of Agreement for the purpose of reinforcing the bilateral cooperation between DCCI and Djibouti Chamber of Commerce. The Djiboutian guest informed the DCCI's Director General of the structural developments applied at Chamber of Commerce of Djibouti, in order to hold more presentation of national activities, in the ranges of commerce and business, as well as elections took place during last month between 1,200 members in order to select 44 of them to represent them in the General Assembly.

From his side, Al Mutaiwee presented a brief about DCCI, its structure and policy, highlighting the roles of Business Councils and Business Groups in coordinating relationships between businessmen on local level, also between them and their counterparts in other countries, whether they are Arab, regional or international.

The two sides exchanged views about investment projects presented by the Djiboutian guest in respect of Djibouti Harbor expansion according to a plan of three phases and export of livestock, etc. During his speech, Mr. Moussa spoke about the extended conference that will be held in Dubai during 19-22 of current month, by Ministers of Agriculture and Fish-Wealth in African and Middle East countries, also the conference, which will be set up Chad in November next, then in Djibouti next year and will be attended by 57 African chambers of commerce.

Al Mutaiwee suggested that Djibouti benefits from its participation in Businessmen and Arab Investors Conference that will be held in Algeria during 9-10 December next, by trying to attract Arab investment to development projects in Djibouti. He expressed in the same time that DCCI is ready to provide all the means of help, facilities and information in order to support the projects and plans of Chamber of Commerce of Djibouti.

Al Mutaiwee also proposed that Djibouti hosts a commercial exhibition from Dubai' exhibitions "Made in UAE" that were launched effectively in the Content of Africa lately and included Senegal & Ghana, and currently move towards other countries.

It is worth noting that the Republic of Djibouti, which its populations is 457,000 inhabitants - as per last statistic of last July - is located in Eastern Africa among Somalia, Ethiopia and Eritrea and it is bordering the Gulf of Aden and the Red Sea. Three quarters of its inhabitants are living in the Capital, and it was known as "French Somalia" before it became independent from France in 1977, then following that it joined the Arab League. Basically, its economy is connected with offering services related to its strategic location as a Duty Free area in East North of Africa. It imports most of its food from abroad, as rainfall is enough for planting some vegetables and fruits. Therefore, it depends mostly on its activity as a transit port for the region, and an international stop station for cargo operations and fueling.