IMPORT-EXPORT CLUB 2017 : GCC Countries

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On Friday, 20 October 2017, Mr. Qaisar HIJAZIN, General Secretary at the Arab-Belgian-Luxembourg Chamber of Commerce, was delighted to lead a working-group on “doing business with GCC countries” on the occasion of the 4th encounter of the Import-Export Club, organized by the Chamber of Commerce and Industry of Walloon Brabant.

In this respect, the participants were delighted to get to know more on the services made available to them by the ABLCC to assist them in planning, developing, and managing their business in Arab countries and, in this case, in the GCC.

Participants, were also keen to learn more on the economic context of the GCC countries.

To bring this interesting meeting to a close, participants discovered the newly renovated premises of Schoeps and its packaging line.

أداء الاقتصاد البلجيكي والتوقعات لعام 2018

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Belgian Economy 2018

لمحة عن الاقتصاد العالمي

توقع صندوق النقد الدولي في شهر تموز/يوليو ان يتعزز الاقتصاد العالمي وأن تبلغ نسبة نموه 3.5٪ عام 2017 و3.6٪ عام 2018، غير أنه سيتباطأ في ذات الوقت في الولايات المتحدة حيث تراجعت التوقعات لعامي 2017 و2018 من 2.3٪ و2.5٪ على التوالي إلى 2.1٪ خلال السنتين المعنيتين. أما فيما يتعلق بالصين، فقد تم تعديل التوقعات قليلا إلى 6.7٪ (أي بزيادة 0.1) هذا العام و6.4٪ (بزيادة 0.2) عام 2018 بفضل تحقيق مستوى نشاط اقتصادي أقوى من المتوقع في الربع الأول من العام ونتيجة الإجراءات والإصلاحات اقتصادية.

8th Edition of "Doing Business with Arab Countries"

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For the eighth consecutive year, the Arab-Belgian-Luxembourg Chamber of Commerce was delighted to welcome its members and friends in the beautiful premises of SGS in Antwerp, on Wednesday 04 October.

As highlighted by Mr. Qaisar HIJAZIN, Secretary General of the ABLCC, since the last edition in 2016, a great deal has happened in the Arab World, be it positive or sometimes less positive. However, despite of all this, Arab countries remain important markets and partners for Belgium.

Most Arab countries are willing to unleash the potential of their markets and are moving forward in this direction. Indeed, many of them implemented substantial measures to diversify and restructure their economies for the best. In this context, investment needs are high and opportunities are numerous in various fields such as infrastructure, healthcare, the service sector, transport and logistics, the IT sector and many more.

This year seminar, held under the theme “Doing Business with Arab Countries: Theory and Practice”, was a great opportunity for the participants to explore the potential offered by Arab Markets.

This was done in a most comprehensive way, by giving the floor to experts such as, Mr. Sébastien HARDY, Belgian Economic Attaché in Algeria, who let the attendees benefit from his on-site expertise in Algeria.

The ensuing question-time highlighted the two-way partnership between Algeria and Belgium, as Algeria is the only Arab Country exporting and importing for the same amount.

Mr. Jozef SOMERS, Operation Manager at SGS Belgium, and host of the event, gave an overview of the “conformity of products to the requirements set in Arab countries”.

After a short break, H.E. Mrs. Anick VAN CALSTER, Director General of Bilateral Affairs, FPS Foreign Affairs, Foreign Trade and Development Cooperation, who the Guest of honour of this seminar, made the audience more familiar with the role of Belgian diplomacy in promoting and supporting Belgian-Arab economic ties.

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After these theoretical aspects began the more practical side of this seminar! The attendees had the opportunity to take part to an interactive interview moderated by Mrs. Evelien STAELENS, Area Manager Middle East & North Africa at Flanders Investment and Trade.

Three managers of international companies active in the Arab World and more precisely in Algeria - Mr. Daniel DECKERS, Export Manager at Van Hool/ Mr. Johan PROOST, General Manager at Ipsen Logistics BVBA Belgium/ Mr. Jan L. SARENS, Group Equipment Trade Manager at Sarens Group – shared with the audience their success story, on-site expertise, and tips in doing business with Arab countries.

This interactive part of the Seminar has been highly appreciated by the attendees.

Last but not least, Mr. Robby DE SCHUTTER, Trade Finance Officer, KBC Bank NV, introduced various payment techniques to ensure the smooth functioning of international banking transactions.

After the seminar per see, and for the first time in the past 8th editions, the participants had the opportunity to meet face to face thanks to pre-organized B2B meetings with the Belgian Economic attaché in Algeria, Representatives from Arab Embassies, Mrs. Evelien Staelens from FIT, and other participants.

To bring this interesting seminar to a close, the participants were invited to relax and exchange their business cards during a networking buffet in presence of Arab Economic Attachés.

Roundtable Meeting: PalTrade and OXFAM Delegation

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On 28 September 2017, the Arab-Belgian-Luxembourg Chamber of Commerce was pleased to organize a roundtable meeting on the occasion of the visit of a Palestinian Delegation from PalTrade and OXFAM.

This was a good opportunity to learn more about the two organizations:

Palestine Trade Center (PalTrade), member of the International Chamber of Commerce (ICC) – Palestine, is a non-profit organization with a mandate to lead the development of Palestinian exports as a driving force for sustainable economic growth. It advocates a competitive, business enabling environment, and is dedicated to improving trade competitiveness.

OXFAM is an international organization working with communities and partners around the globe towards a world without poverty and with more economic justice.

On 28 August 2017, PalTrade and OXFAM launched the Sustainable Local Economic Development Strategy (SLED) for the Gaza Strip, in collaboration with all related national and international stakeholders.

This gathering also enabled participants from both sides to share experiences, promote dialogue, and discuss potential areas of cooperation in developing closer relations.

We look forward to further collaboration !

2nd Annual Iraqi – European Business and Investment Forum

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On 17-18 May 2017, the ABLCC participated in the “2nd Annual Iraqi – European Business & Investment Forum” organized by the Arab-Hellenic Chamber of Commerce & Development in Athens.

This “2nd Annual Iraqi-European Forum” was under the auspices of the President of Iraq, the Ministries of Economy and Development and of Foreign Affairs of Greece, the Union of Arab Chambers and the Federation of Iraqi Chambers of Commerce, with the contribution and support of Baghdad Chamber of Commerce along with the Representation of the European Commission in Greece, Al-Bilad Bank of Iraq and the Arab-European Joint Chambers as supporting organizations.

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The three sessions started with “Iraq’s Investment Opportunities”, which were presented by highlevel Iraqi speakers, followed by “Iraq’s Oil, Gas and Sustainable Energy Sectors” and the third session on “Potential for Infrastructure Projects in Iraq”, which was moderated by Mr. Qaisar Hijazin, Secretary General of the Arab-Belgian-Luxembourg Chamber of Commerce.

The last two sessions were presented by high-level Iraqi, Greek and European speakers, outlining the potential of these sectors in light of the fact that Iraq is heading towards a new era of security, stability and reconstruction.

It is worth mentioning that the participants in this Forum exceeded in number the ones in the previous Iraqi Forum that was held back in April 2016.

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