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Wed 28 Feb 2018 09:32 AM

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Video: How Dubai is building bridges and partnerships in Latin America

There are over 8,000 miles separating Dubai and Latin America but distance has proven to be no obstacle when it comes to forging close links between the emirate and its far flung South American friends.

Latin America has quickly become a market of strategic importance to Dubai and a corner of the globe which Dubai Chamber of Commerce and Industry continues to explore as it steps up its efforts to strengthen ties with key public and private sector stakeholders across the fast-growing region.

Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry, says: “Latin America is an economic powerhouse, which offers a great deal of trade and investment potential for companies in Dubai.

As it stands, Dubai’s trade relations with the region have been growing steadily in recent years, with the number of Latin American companies registered with the Dubai Chamber more than doubling.”

Proof, if any were needed, of the burgeoning bilateral relations comes in the fact that the organisation opened its first regional office in Brazil in 2017 and plans are in place to open two more offices in Panama and Argentina in 2018.

Buamim, says: “The opening of a regional office in Brazil has proven quite effective in helping us develop strong relationships with key stakeholders in Latin America, build new bridges between our business communities, and attract foreign companies to Dubai.”

(Source: Arabianbusiness.com YouTube channel)