Recent World Trade Day 2022 Seminar focused on UAE

In February 2022 a historic Free Trade Agreement was signed between India and the United Arab Emirates (UAE) , this treaty will pave the way for boosting India -UAE  bi-lateral trade. This was the focus of the Seminar that World Trade Center Goa  organized while celebrating World Trade Day 2022 on 27th May 2022 at Panaji, Goa.

The Chief Guest Ms Ashwini Gauns Desai, Deputy Director (Industries), Directorate of Industries,  Trade & Commerce, Government of Goa , briefed on the activities of the Directorate of Industries, Trade & Commerce and the plans of making each district in India as Export hub, she also spoke on the formalization of the logistic policy for Goa and the State incentive scheme clubbed under the Umbrella Schemes. She was of the firm opinion that Goan Industries should work together and not  in Silos for all round growth and development of the state of Goa.

Guest of Honor, Mr. Sylman Caiado, Director, Simplisol Technologies Pvt Ltd, while addressing the topic of Doing Business in the UAE said that his company has a good presence in  Dubai and Kuwait for the last couple of years and said that Business in UAE, can be done either through the Mainland or through the Free Trade Zones. He mentioned that setting up a business in the Mainland would entail an initial investment of a minimum of at least 30,000 UAE Dhirams and more where as in  the Free Trade Zone it could be a little less , all depends on the nature of the business. Mr Caiado, said that with the waiver of a compulsory Emariti Sponsor  is a positive message is also a step in the right direction.

Mr. Roque Quadros, Founder Director / Creative Entrepreneur- Rocky's,  also a Guest of Honor, said that the best way to do business in the UAE was to respect and understand the culture of UAE and then align the business accordingly. He said that a lot of business is based on trust and that trust has to be earned for business success. Mr Quadros also highlighted that showcasing in Business exhibitions was also important for business success along with emphasis on having a good online presence and always maintaining punctuality whether for business meetings or for delivery of products and services.

Special Invitee, Mr. Satish Kota, Founder & CEO of NavaTies Solutions Private Limited, spoke in detail on the Road Map for Exploring International markets and how the data analysis through the NavaTies portal could immensely benefit the local industry to boost exports.  He made a detailed presentation on two important product exports from Goa namely, Turmeric and Cashew.

Earlier Mr. Cyril Desouza, Assistant Director- Trade Promotion, World Trade Goa in his address made two important announcements, namely , of the Center planning to  organize a Trade Delegation to the UAE  and the proposed visit of a Pharma Trade Delegation from Africa, that is scheduled to visit Goa in the Month of June or early July 2022.   Mr. Desouza also expressed support in making Goan Exports viable through major Trade Promotion and Trade Education activities and programmmes.

Physical product displays  were made by Cajumol Dairy & Agro Products and Vana Shrubs Pvt. Ltd.

A very responsive and highly interactive Q & A Session was  organized during the Seminar.

 Seen in Pic  (L-R) : Mr. Cyril Desouza ,  Mr. Roque Quadros,  Ms Ashwini Gauns Desai,  Mr. Sylman Caiado and Mr. Satish Kota

                                                  The Seminar was held on 27th May 2022 at Nalanda hall, EDC Building