Dubai targets Hong Kong as part of Far East exports push

Dubai Exports says it has concluded a successful visit to Hong Kong, attracting buyers and importers eager to source products from Dubai to Far Eastern markets
Dubai targets Hong Kong as part of Far East exports push
By Sam Bridge
Wed 15 Aug 2018 02:44 PM

Dubai Exports, the export promotion agency of the Department of Economic Development (DED), said it has concluded a successful visit to Hong Kong, attracting buyers and importers eager to source products from Dubai to Far Eastern markets.

The visit, led by Mohammed Al Kamali, deputy CEO of Dubai Exports, aimed to strengthen relations with key stakeholders as part of enabling UAE-based companies to expand their international presence in the Far East.

“Dubai Exports has already received enquiries from 71 buyers in Hong Kong interested in sourcing products from Dubai while 17 of our local companies have also sought our assistance in exporting to Hong Kong,” said Al Kamali.

Dubai Exports said it has been able to establish and develop strong relations with business and government decision makers in Hong Kong since its overseas trade office (OTO) opened in August 2017.

The office has proactively reached out to the local business community, industrial associations, and importers in order to promote the benefits and competitiveness of products and services from Dubai.

“Dubai is viewed by people in Hong Kong mainly as a tourist and oil-exporting region. However, with the emirate’s strategic plan for 2021, we aim to show that Dubai is much more and indeed a highly diversified economy,” Al Kamali said.

“Dubai is a global exporter and manufacturer of a diverse range of products, from porcelain to caviar and tea. Dubai also shares a similar DNA as Hong Kong and both regions can work closer across re-exports, trading, logistics, and more."

According to the Trade & Industry Department of Hong Kong, the UAE was the 15th largest trading partner and its most important partner in Middle East in 2017.

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