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Dubai DMCC: China-Arab bilateral trade target is 200 billion US dollars in 2030

2023-07-07    757

People's Daily Online, Dubai, February 22 (Reporter Guan Kejiang) Abdul Aziz Ghurair, chairman of the Dubai Chamber of Commerce, said at the annual meeting of the Dubai Chamber of Commerce on the 21st that China is the largest trading partner of Dubai and the United Arab Emirates. Dubai Chamber of Commerce Willing to actively promote the strengthening of Arab-Chinese economic cooperation.

The Dubai Chamber of Commerce is the largest business membership organization in the Middle East. Abdul Aziz Ghurair introduced at the annual meeting that last year, the membership of the Dubai Chamber of Commerce increased by 20% year-on-year to 347,600, and the export and re-export trade volume of members exceeded 272 billion dirhams (about 367 million US dollars). Dirham).

From 2021, the Dubai Chamber of Commerce has three chambers under its jurisdiction: Dubai Chamber of Commerce, Dubai International Chamber of Commerce and Dubai Digital Economy Chamber of Commerce, focusing on business services, international business and digital economy development respectively. Last year, the Dubai Chamber added 56,000 members, opened new representative offices in four international cities, and attracted more than 200 start-ups.

The picture shows the chairman of the Dubai Chamber of Commerce delivering a speech at the annual meeting. Photo courtesy of Dubai Media Office

Abdul Aziz Al Ghurair said that the Dubai Chamber of Commerce will work to improve the business environment in Dubai, attract foreign investment, encourage the development of the digital economy, and support member companies to expand foreign investment. He also announced that the Dubai Chamber of Commerce will set up a "Family Business Centre" to support the intergenerational succession of family businesses.

Omar Ulema, chairman of the Dubai Digital Economy Chamber, said at the annual meeting that Dubai will strive to become an innovation center for the global digital economy. Sultan Ahmed Sulayim, chairman of the Dubai International Chamber of Commerce, said that Dubai will give full play to its own advantages and share investment experience with its partners.

In an exclusive interview with a reporter from People's Daily Online, Abdul Aziz Ghurair said that he visited China for the first time in 1985 and visited China many times after that, each time marveling at the tremendous changes that have taken place in China. China's historic achievements are attributable to the foresight and foresight of the Chinese leaders, as well as the hard work of the Chinese people.

Currently, the economic and political relations between the UAE and China are at the best period in history. China is the most important trading partner of Dubai and even the UAE. The Dubai Chamber of Commerce is willing to play its own role to promote the continuous development of pragmatic cooperation between the UAE and China. He said that the joint construction of the "Belt and Road" is a great initiative, and all parties involved can give full play to their respective advantages, strengthen dialogue, and achieve win-win development.

Mohamed Ali Rashid Ruta, President and CEO of Dubai Chamber of Commerce, said in an exclusive interview with a reporter from People's Daily Online that there are more than 6,000 Chinese companies joining the Dubai Chamber of Commerce. The total amount is not large, but the growth rate is fast. He has visited China many times and found that Chinese cities and Dubai have many similarities: both have good infrastructure and are committed to opening up to the outside world. Dubai is an important node in the joint construction of the "Belt and Road" and has become an economic and trade re-export center in the Gulf and the Middle East. The practical cooperation between Dubai and China has broad prospects.

(Editors in charge: Liu Yeting, Yang Mu)


Link: TradeChina

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