4th GBF LATAM to explore new synergies in the post-pandemic era

By Salma C, Intern Reporter
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The Dubai Chamber of Commerce is partnering with Expo 2020 Dubai to organize the fourth edition of Global Business Forum Latin America (GBF LATAM) by the end of March. 

The event will try to expand the scope of economic cooperation between businesses across the GCC, Latin American and Caribbean (LAC) regions.

The high-level forum takes a closer look at new business opportunities emerging across promising Latin American and Caribbean markets as the dynamics of global trade continue to evolve during the pandemic. Part of the Chamber’s flagship Forum series, GBF Latin America 2022 is held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

The Forum brings together government officials, economists and business leaders to discuss a wide range of issues such as ongoing integrations between the UAE, Latin America, and Caribbean markets, COVID-driven digital transformation of economies, increased focus on startup ecosystems, regional economic integration, economic reforms, infrastructure development, economic diversification and food security.

Hamad Buamim Image
Hamad Buamim
President & CEO
Dubai Chamber

“Despite the challenges posed to Latin American and Caribbean countries in the wake of the pandemic, there have also been huge growth opportunities that businesses are capitalizing on from a trade and investment perspective, especially within the areas of the digital economy, e-commerce, logistics, food security, technology, infrastructure, healthcare and education.”

Mr. Buamim added that, “At the same time, we are seeing growing interest from Latin American and UAE companies to explore global growth opportunities as they look to enhance supply chain networks and build new partnerships that support sustainable growth.”

Organized under the theme “Towards a Resilient Future”, sessions at the two-day forum are being grouped under three pillars: Reform, Empower and Grow, each taking a deep dive into aspects of how to prepare economies for a vibrant post-pandemic era.

Sessions on day one of the forum will cover the need for Latin American and the Caribbean economies to diversify and examine topics such as the growth and ambitions of digital economies in Latin America and the UAE, prospects for bilateral cooperation in the fields of technology and food security and the role of SMEs and startups in driving Latin America’s next phase of growth and development.

Day two will examine how the pandemic has pushed the growth of digital finance, with a new generation of fintechs democratizing banking in Latin America and the Caribbean, the need to boost supply chains and market gaps in the logistics sector in the regions, the benefits that Dubai’s World Logistics Passport offers to Latin American traders.

In addition, the sessions will also examine how Dubai can support Latin American companies as a global gateway to Africa and Asia, as well as the vast competitive advantages that the Emirate offers foreign companies and investors.

As the Official Business Integration Partner for Expo 2020 Dubai, the Dubai Chamber of Commerce is organizing a series of high-profile business forums and events at the World Expo. GBF LATAM 2022 is the third Global Business Forum to be held in conjunction with Expo 2020 Dubai, with GBF Africa held in October and the first-ever GBF ASEAN hosted in December.

Related: World Economic Forum reschedules 2022 Annual Meeting to May 22