The Department of Seaports and Customers in Sharjah announced on Monday "sisters ports” agreement with the Canaveral Port Authority of Florida in the US. The agreement confirms the two ports' status as "sister ports” in order to extend their mutual understanding for the development of economic resources, international trade and logistics.

The department said in a statement that the agreement is set to explore new opportunities to develop cooperation between the ports. This is in addition to enabling private companies within the catchment area of the ports to collaborate on trade and investment prospects.

The port authorities stated they are committed to exchanging information and knowledge; moreover, develop commercial, technological and cultural ties for their mutual advancement.

The signing ceremony was hosted by Gulftainer, as the main container terminal operator at both authorities' facilities.

Gulftainer started its operations in Sharjah in 1976 with the first container terminal in the Gulf. The company will play a key role in enhancing communications between both organisations and the various clients and private companies currently calling at their ports.

Bilateral trade between the two countries has grown more than 80 per cent exceeding more than $24 billion in 2014.
Source: Gulf News