Lunch-Conference with Governor Smets, National Bank of Belgium

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Lunch conference Governor National Bank of Belgium opt

I know you are a very active Chamber. This Chamber of Commerce is very important, and in a very efficient way, contributes to the excellent relations between Belgium, Luxembourg, and the Arab World.
Governor Jan Smets, National Bank of Belgium (NBB)

As the National Bank of Belgium’s annual report, an eagerly awaited source of information both in Belgium and abroad since 1851, has been published less than a month ago, the Arab-Belgian-Luxembourg Chamber of Commerce found it opportune to organize a Lunch-conference on economic perspectives and challenges for Belgium and the Eurozone in 2017.

And who better than the Governor of the National Bank of Belgium himself, His Excellency Jan Smets, could give us a more valuable insight on the matter?

During his presentation, Governor Smets recalled the importance of trade relations between Belgium and the Arab world stressing that this area is an important trade partner for Belgium with exports to Arab countries accounting for more than 3% of Belgian exports globally.

Lunch conference jan smets

Governor Smets continued his analysis by giving the audience further insights on economic projections for the Eurozone and Belgium and how economic growth could be reinforced. He also drew attention to the fact that the world economy is growing and that it will grow a little bit more this year than last year.

This event was also a great occasion for the participants to meet face-to-face with our expert and to expand their network as it gathered around 80 people among which 25 Ambassadors and representatives from Arab Embassies.

Learn more about the Lunch-Conference with the governor of the NBB in our upcoming newsletter!
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New Ambassador of the State of Kuwait to the Kingdom of Belgium

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courtesy visit to New Koweit Ambassador
H.E.M. Jasem Mohamed ALBUDAIWI, Ambassador of the State of Kuwait to the Kingdom of Belgium and Mr. Qaisar Hijazin, Secretary General of the ABLCC

H.E.M. Jasem Mohamed ALBUDAIWI has been appointed as new Ambassador of the State of Kuwait to the Kingdom of Belgium.

On this occasion, Mr. Qaisar Hijazin, Secretary General of the Arab-Belgian-Luxembourg Chamber of Commerce, paid a courtesy visit to His Excellency ALBUDAIWI on 21 October 2016. They both seized this opportunity to discuss ways of cooperation to strengthen trade, economic, as well as cultural relations between the State of Kuwait and the Kingdom of Belgium.

His Excellency ALBUDAIWI has shown a genuine interest in giving a new impetus to bilateral relations and strenghten cooperation given the deep relationship between both countries as well as the many opportunities and positive economic developments offered by the State of Kuwait.

Indeed, the new five-year development plan 2015-2020 focuses on diversification to fuel Kuwaiti economy and project market. it sets up a series of initiatives to attract quality local and foreign investments, by creating the right investment environment, simplifying procedures, enabling a favorable legislative framework for the encouragement and protection of investment, and offering a host of incentives and exemptions, including allowing for a 100% foreign ownership.

In this vein, the Arab-Belgian-Luxembourg Chamber of Commerce took part to the Kuwait Investment Forum organized by the Kuwait Direct Investment Promotion Authority on 08-09 March 2016 in Kuwait. Likewise, on 02 May 2016, Mr. Qaisar Hijazin, took part to the Ceremony marking the completion of the masterplan project for Q8Oils Blending Plant Antwerp.

JORDAN-EU ASSOCIATION COMMITTEE DECISION ON SIMPLIFAING THE RoO

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Jordan logo

Jordan has made an inventive proposal to the International community which was officially presented in London Conference on the 4th,Feb; The Jordan Compact which is a new holistic approach between Jordan and the International Community to deal with the Syrian Refugee Crisis.

Under this Compact, Jordan offered to create new hopes and jobs for Syrians and Jordanians alike; to issue work permits to Syrians willing to work in Jordan , and to also allow them establish their own businesses in Jordan.

To implement this proposal, Jordan requested the EU to facilitate trade related issues especially the stringent rules of origin issues to enable products by Syrian refugees in Jordan to find new markets.

In response, the EU offered a 10 year period of facilitation of Rules of Origin (RoO), and a decision has been adopted by Jordan-EU Association Committee on the 19th of July 2016 to simplify the RoO.

In light of this, Jordan aims at attracting more investment from Europe and other regions as well. At the same time, the Government is working on attracting businesses to invest in with a view to supporting refugees' livelihoods through direct employment, which would give them the opportunity to live dignified lives and to maintain their skills up-to-date.

Learn more on the Jordan compact here

Saudi Arabia and Regional issues: challenges and perspectives

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Visite Minsistre Affaires Etrangeres Arabie Saoudite web

"Our Objective is to build bridges with the world"
H.E.M. Adel AL-JUBEIR

The Arab-Belgian-Luxembourg Chamber of Commerce was proud to take part to the Conference with His Excellency Mr. Adel AL-JUBEIR, Minister of Foreign Affairs of the Kingdom of Saudi Arabia, organized by the Embassy of the Kingdom of Saudi Arabia in collaboration with Egmont Institute on Tuesday, 19 July 2016.

Business Handbook 2016

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The Arab-Belgian-Luxembourg Chamber of Commerce is proud to announce the publication, both in hard and soft copies, of its new Business Handbook, which is a first-class guide to Arab-Belgian-Luxembourg official institutions, professional organizations, and to the ABLCC growing network of companies along with their contact details.

This Business Handbook also provides valuable economic information on Belgium and Luxembourg in the Arabic language.

Last but not least it is meant to reach a target audience of more than 10,000 people, be they trade officials or stakeholders, in Belgium, Luxembourg, and 22 Arab countries.

You should always have this useful tool at hand !  Please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. to get your hard-copy.

To consult the online version, click here

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