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The first focus session at Dubai Chambers discussed trade and investment synergies between Dubai, Kazakhstan, Kyrgyzstan and Uzbekistan.
The event hosted attendees from various industries including food, trade, logistics, tourism, sustainable development, pharmaceuticals, engineering and construction.
In a series of presentations and interactive panel discussions with experts from the three countries,
build bridges
“Dubai and the UAE are always building bridges on many different surfaces, whether it’s logistics, connections, B2B, functions or events, like today’s event. What we’re doing with In Focus is learning and educating ourselves on new geographies and interests Business and trade opportunities in countries. For example, today’s edition provides members of the Dubai Chamber with first-hand information on market access, contacts, skills and tools to help them implement expansion plans in Kazakhstan, Kyrgyzstan and Uzbekistan, ” said Omar Khan, Executive Director of the Dubai International Office of the International Chamber of Commerce.
In line with Dubai Chamber’s strategic focus on driving the international expansion of Dubai companies, the first Spotlight event highlighted potential areas for investment and trade between Dubai and Kazakhstan, Kyrgyzstan and Uzbekistan.
In 2021, Dubai’s non-oil trade with the three countries will reach $2.4 billion. Central Asia is an important market for Dubai, and discussions at the In Focus event identified trade and investment synergies in food, tourism, finance, metallurgy, logistics and construction.
admission to market
In Focus events support the global expansion of Dubai Chamber member companies and also provide members with the opportunity to participate in smaller focus groups to transparently discuss market entry opportunities and strategies in these specific countries. Members also discussed topics related to doing business in these Central Asian countries, such as cost of living, availability of banking and financial facilities, and incentives for foreign businesses.
“The purpose of our event today is to support our membership expansion into one or more of the three focus countries including Kazakhstan, Kyrgyzstan and Uzbekistan. The focus of In Focus engagement is to encourage participating members to enroll in our planned 2023 Trade missions to the three countries in the first quarter of 2020. The trade missions will include meetings with key stakeholders to establish and conduct business in the respective countries as well as field visits to industrial and economic zones. In addition to those related to the local business culture Apart from the event, it will also provide a platform for pre-arranged business matching events,” Khan added.
Serving as a platform for Dubai businesses and member companies to engage with public and private sector leaders in strategic markets, In Focus events focus on addressing some of the business needs of Dubai Chamber members to help them grow and achieve their expansion goals.
In Focus leading up to the New Horizons initiative in the first quarter of 2023, the Chamber will organize tailor-made trade missions to selected countries. The first spotlight event generated strong interest and registration from these trade missions. — trade arab news agency
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