Salam Al Sharif, chairman of United Arab Emirates-based Sharif Metals International and president of the Bureau of Middle East Recycling (BMR), addressed delegates to The World Non-Ferrous Conference 2016 event, which took place in Mumbai in early October.
The event was organized by Mumbai-based MTLEXS and featured Sharif addressing the inaugural session as Guest of Honor, welcoming officials from the government of India and other guests and delegates.
Sharif later joined a RoundTable session and delivered a presentation titled “Indian Scrap Trade with the Middle East and the World.” In his remarks, Sharif tackled the subject of India’s being classified as a newly industrialized country and one of the G-20 major economies of the world and its fast-growing trade relationship with the Middle East.
India is also considered by the World Bank to have the fastest growing economy and can be $10 billion economy in 10 years. Sharif further stated that trade regulations in India and all over the world should smooth out day-to-day issues in the scrap industry, rather than being a trade suppressor.
Sharif also opined during the panel that India should abolish import duties on scrap metals to support local aluminium producers and the same duty can be levied on imported finished products.
He also invited delegates to the Bureau of International Recycling (BIR) Autumn Round Table in Amsterdam in late October and informed Indian delegates that the 2017 BIR Autumn Round Table is going to be held in Delhi. Sharif also invited the delegates to the 6th BMR International Conference in Dubai, to be held 4-5 March 2017.
Latest from Recycling Today
- Phoenix Technologies closes Ohio rPET facility
- EPA selects 2 governments in Pennsylvania to receive recycling, waste grants
- NWRA Florida Chapter announces 2025 Legislative Champion Awards
- Goldman Sachs Research: Copper prices to decline in 2026
- Tomra opens London RVM showroom
- Ball Corp. makes European investment
- Harbor Logistics adds business development executive
- Emerald Packaging replaces more than 1M pounds of virgin plastic