DP World, UAE Region aims to strengthen UAE-China trade ties

  • Date: 09-Jun-2021
  • Source: Gulf Today
  • Sector:Oil & Gas
  • Country:UAE
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DP World, UAE Region aims to strengthen UAE-China trade ties

DP World, UAE Region the leading enabler of smart trade highlighted its strategic support and partnership to Chinese companies with the aim of boosting trade between the UAE and China. The smart trade enabler hosted a webinar in partnership with the Chinese Business Council in the UAE to discuss business opportunities for Chinese companies in the Mena region under the Belt & Road Initiative (BRI). In his opening speech Abdulla Bin Damithan, CEO & Managing Director, DP World - UAE Region and Jafza shed light on how Dubai is a gateway for Chinese exporters, allowing access to four billion customers. Li Xuhang, Consul General of the People's Republic of China in Dubai gave insights on bilateral strategic relations, while Zhenwei He, Secretary General of China Overseas Development Association highlighted the China-UAE economic and trade outlook. In alignment with their goal of augmenting UAE-China trade, DP World in partnership with Zhejiang China Commodity City Group (CCC) recently launched the Yiwu Market as part of the first phase of Dubai Traders Market, located in the heart of Jafza. Dubai Traders Market will span approximately 800,000 square metres, with Yiwu Market covering about 200,000 square metres. The market will give traders and businesses