Dubai International Chamber, one of three chambers operating under Dubai Chambers, has opened its new representative office in Mexico City as part of its efforts to strengthen the Chamber’s presence in Latin America and explore new avenues of bilateral economic cooperation.
The Mexico office is tasked with identifying new business opportunities in the market that offer the potential for member companies in Dubai.
The office will assist Mexican companies that are keen to enter the Dubai market and leverage the emirate as a strategic gateway to expand their reach to markets across the Middle East, Africa, and Asia.
“We are committed to exploring the business potential in promising countries that provide opportunities for growth and expansion for Dubai’s business community. Our presence in Mexico will further strengthen an already robust commercial relationship between Dubai and Mexico and identify and capitalize on new trade opportunities and investments in key sectors such as agribusiness, industry, automotive, manufacturing, logistics, infrastructure, digital economy, fintech, and tourism. Our team on the ground will focus efforts on building strong relationships with key public and private sector stakeholders and supporting Mexican companies that are keen to enter the Dubai market and expand internationally into the Middle East, Africa, and Asia markets through the emirate.”
Mr. Buamim further added that “the “strategic move” falls in line with Dubai International Chamber’s new three-year strategy, which aims to strengthen Dubai’s position as a global trade hub, attract multinational companies to the emirate and support local companies with international expansion.”
Mr. Ahmed Almenhali, UAE Ambassador to Mexico, described the opening of Dubai International Chamber’s Mexico office as a key factor that will boost trade and investment between the UAE and Mexico and align the strategic ambitions of both countries to further diversify their economies and drive sustainable growth in the post-Covid era and beyond.
Mr. Almenhali noted that “the UAE’s embassy in Mexico has taken several steps to develop bilateral ties in recent years such as introducing a visa waiver for citizens traveling between the two countries, launching direct flights, signing of strategic partnership agreements, and facilitating Mexico’s participation in the World Logistics Passport – all important developments that have expanded bilateral economic cooperation and removed trade barriers.”