DUBAI, United Arab Emirates--(BUSINESS WIRE)--The Dubai Chamber of Commerce and Industry concluded its first trade mission to the Commonwealth of Independent States visiting Kazakhstan and Uzbekistan recently.
The Dubai Chamber delegation, which was headed by its Chairman H.E. Abdul Rahman Saif Al Ghurair and comprised of 25 senior business leaders, met top officials and ministers of the two countries while the Chamber-organised business forums in Almaty and Tashkent were attended by hundreds of investors from the two cities.
The delegation had special meetings with H.E. Kairat Kelimbetov, Deputy Prime Minister of Kazakhstan, and H.E. Asset Issekeshev, Kazakh Deputy Prime Minister and Minister of Industry and New Technologies as well as H.E. Elyor Ganiev, Uzbek Minister for Foreign Economic Relations, Investment and Trade.
On the side-lines of the forums, the delegation had 80 one-to-one meetings with their business counterparts and discussed various joint initiatives, business ideas and ways to strengthen economic cooperation, and to iron out trade barriers between the Dubai, Kazakhstan and Uzbekistan business communities.
On their part, the members of the delegation stressed on the facilitation of trade through direct flights and easing of visa procedures and enhancing of bilateral cooperation in vital economic sectors like tourism, trade, logistics, transport and banking services.
H.E. Ghurair stated that Kazakhstan and Uzbekistan were chosen as first destinations into CIS after extensive studies which indicate the investment potential these countries’ lucrative sectors offer to UAE investors. The visit also goes in line with our strategy of exploring promising markets for Dubai businesses while promoting their competitiveness in the overseas business arenas, he said.
H.E. Hamad Buamim, Director General, Dubai Chamber, stressed on the UAE business community’s keenness to establish strategic partnerships with their CIS counterparts stating that based on its track record, the private sector in Dubai was well-equipped to contribute in the development of various key sectors in Kazakhstan and Uzbekistan.
He called upon the officials of the two host countries to benefit from Dubai’s model of economic growth as he said that the emirate serves as a gateway for CIS companies to reach out to clients in Africa while the CIS region can be the hub for Dubai companies to trade with their business partners in Russia and China leading to a win-win situation for both the sides.
*Source: ME NewsWire