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Sat 25 Oct 2008 04:00 AM

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Spanish companies aim to make their mark with trade missions

The Big 5 will see Spanish companies actively exploring business opportunities in the UAE.

The Big 5 will see Spanish companies actively exploring business opportunities in the UAE.

They will be supported by the Spanish Embassy's commercial office, the Spanish Institute for Foreign Trade (ICEX) and a wide range of local chambers of commerce and trade associations.

Different commercial initiatives will be in place, with direct trade missions accounting for the lion's share of the total.

These will be combined with reverse trade missions in which representatives from the UAE market will have the chance to get a first-hand glimpse into the Spanish industry.

Taking part in the expanding UAE trade shows will continue to be one of the pillars of the Spanish approach to the local market. Efforts will be made to enhance and enlarge the Spanish performance in key trade shows by participating in exhibitions like the Big 5 show.

Key industrial and commercial associations from Spain will lead and organise the Spanish delegations in the UAE trade fairs.

Participation in exhibitions reflects the growing status of the Spanish civil work and engineering sector in the UAE.

At the same time, provision of Spanish building machinery and materials has also contributed, achieving a performance in the first five months of this year, hitting US $85 million (AED420 million) and $50.5 million respectively.

Direct trade missions will be used by the Spanish commercial office throughout the fourth quarter of the year.

Totalling 10 delegations to the UAE, trade missions will cover a wide range of economic, commercial and industrial activities.

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