The German capital, Berlin, hosted the General Assembly meeting of the Arab-German Chamber of Commerce and Industry. The meeting, which was attended by ambassadors and representatives of the Arab diplomatic corps, aimed to discuss ways to enhance joint economic relations in cooperation with the Union of Arab Chambers.
During his speech at the General Assembly meeting, Samir Abdullah Nass, President of the Union of Arab Chambers, pointed to the success of the Arab-German Chamber in strengthening trade relations, which was evident through the participation of Arab ambassadors in the General Assembly meetings. He expressed his gratitude to Mr. Peter Ramsauer, President of the Arab-German Chamber, for his ten-year tenure, as throughout his dedicated leadership, Ramsauer constantly worked to strengthen Arab-German investments.
During the General Assembly, Olaf Hoffmann was chosen as the new president of the Chamber, while Sheikh Khalifa bin Jassim Al Thani, President of the Qatar Chamber, will assume the position of First Vice President of the Arab-German Chamber. While the President of the Jordan Chamber of Commerce, Khalil Haj Tawfiq, was chosen as the third vice president of the Chamber.
Nass emphasized the role of the Arab-German Chamber in enhancing investment opportunities and supporting the private sector in the Arab region. He called for raising a conscious and scientifically proficient generation and exploring investment opportunities in Arab and African countries by forming a strategic alliance. Nass announced the intention of the Bahrain Chamber to host the headquarters of the Euro-Arab Chamber with the aim of supporting foreign investments and strengthening trade relations with the European Union. This comes in line with Bahrain's influential role in leading the Union of Arab Chambers and representing the Arab and Bahraini private sector internationally and regionally.
For his part, President of the Arab-German Chamber, Olaf Hoffmann, stressed the importance of strengthening Arab-German trade relations in a way that serves the aspirations of the Arab region and ensures that these efforts contribute to economic development.
Dr. Volker Trier, President of Foreign Trade and Member of the Executive Council of the Arab-German Chamber, confirmed that Arab-German trade relations are recording significant annual growth and are in a much better position than German trade relations with other countries.
Secretary General of the Arab-German Chamber, Abdulaziz Al-Mekhlafi, revealed that Arab investments in Germany are estimated at about 100 billion euros in the automotive, logistics, and energy sectors. In addition, there are more than 70,000 Arab students registered in German universities, which represents a great knowledge asset for their countries of origin and a promising sign for the future of Arab-German relations.
For his part, the Dean of the Arab Diplomatic Corps, the Lebanese Ambassador to Germany, Mustafa Adeeb, confirmed that the Council of Arab Ambassadors supports nominations for the Board of Directors of the Arab-German Chamber and works hand in hand with businessmen to achieve high trade rates between Arab countries and Germany.
Source (Union of Arab Chambers)
