RAK FTZ discuss cooperation with Cisco Vice President, commercial and marketing

Published November 22nd, 2007 - 07:47 GMT
Al Bawaba
Al Bawaba

H.H Sheikh Faisal bin Saqr Al Qasimi, Chairman of the Ras Al Khaimah Free Trade Zone (RAK FTZ), received Mr.Milo Schacher, Vice President, commercial and marketing, Global emerging market, Cisco system Inc for Middle East and South Africa at the RAK FTZ premises.

During the talks and the roundtable discussions, both sides hailed the rich economic relationship that exists between RAK FTZ and Cisco System Inc and pledged to work closely to further strengthen bilateral relations, which have witnessed much progress during recent times.

Sheikh Faisal said that there is immense scope for increased cooperation between the RAK FTZ and Cisco System Inc, highlighting his vision for the RAK FTZ and the other local and regional investments.

Sheikh Faisal said that RAKFTZ is keen to confirm that companies who have set up bases at the zone are doing well and have found the zone to be a good place to do business. He added that strengthening the relationship with Cisco as a business partner at the executive level and showing Cisco’s continued loyalty and support to insuring RAKFTZ’s success are key achievements that will be accomplished.

Stressing the need to further enhance cooperation between the RAK FTZ and Cisco, Schacher said, “We look forward to strengthen existing ties and to leverage on the great success the RAKFTZ has had in attracting more foreign clients and in developing outstanding infrastructure.” He added that Cisco’s leadership in Emerging Markets and globalization initiative would surely serve the RAK FTZ to enable the zone lands on better successes.

He added more that both sides discussed means of bolstering business ties and explored cooperation on the possible ways Cisco could play in enabling RAK’s regional and international vision to attract more foreign and multinational clients through global experience and technology innovation.