Dubai Chambers seals trade MoU with Chinese General Chamber of Commerce

  • Date: 19-May-2023
  • Source: GCC Business News
  • Sector:Retail
  • Country:UAE
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Dubai Chambers seals trade MoU with Chinese General Chamber of Commerce

Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Hong Kong-based Chinese General Chamber of Commerce (CGCC), aimed at bolstering economic cooperation.

The signing took place following a visit from a 26-strong visiting delegation of senior Hong Kong businesspeople including investors, financiers, and realtors, headed by Dr. Jonathan Choi, Chairman of CGCC . The MoU, which was signed as part of the group’s three-day tour of the UAE, seeks to strengthen mutual ties between the parties with the goal of further enhancing business relations.

Under the agreement, the two chambers will explore opportunities to boost knowledge sharing, increase mutual support on trade and investment missions, and cooperate on participation in trade fairs, conferences, business matching events, and other networking activities.

Mohammed Ali Rashed Lootah

CEO & President

Dubai Chambers “The trade visit was a great success, with the signing of an MoU heralding a new era in closer trade ties between Dubai and China. We shared with the delegation the Chamber’s vision, mission, goals, and activities, as well as some of the current challenges and opportunities facing the UAE business community. We have solid exports and imports between our nations, but can do more. We see great potential in importing more apparel, boats