The launching of the European Somalian Business Chamber (ESBC), which took place in London recently is to promote business relations and commercial activity between the Somalia and Europe business communities by providing networking and developing trade initiative opportunities that are of benefit to both Somalia and Europe.
The chamber which is chaired by the Rt Hon Lord Tony Baldry, a conservative member of parliament, is supported by several leading public figures such as ESBC director, Mr. Sarosh Zaiwalla, a senior partner at Zaiwalla & Co and also the first Asian to set up an Indian law firm in the city of London.
The Chamber represents businesses of all sizes and sectors from across Europe and Somalia and beyond delivering business information, advice and services.
It hopes to achieve in making Somalia a business destination for companies and a foreign direct investment coup.
Key services included: Promotion of commercial opportunities and introductions to political and industry decision-makers, potential partners, clients, investors and in-country agents through participation in our programme of networking and trade events.
Assistance in addressing specific business-related problems and legal issues, including applications for multi-entry business visas.
Provision of business intelligence and market research, delivered to members in the form of newsletters, email updates, exclusive reports and one-to-one briefings.
The ESBC worked hand-in-hand with the Somali business communities to set up a Somali embassy in London. This is to provide European businesses a first point of contact for any matter relating to the country and trade relations with UK.
