Dubai Chamber plans study on Latin America

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Dubai Chamber plans study on Latin America
UAE Minister of Economy, Sultan bin Saeed Al Mansouri, at Global Business Forum on Latin America.

Published: Wed 9 Nov 2016, 3:10 PM

Last updated: Wed 9 Nov 2016, 5:23 PM

The Dubai Chamber of Commerce and Industry commissioned The Economist's Intelligence Unit (EIU) to conduct an economic study on the Latin American region ahead of the Global Business Forum on Latin America, taking place on November 9-10, 2016 in The Palm, Dubai.
Titled "Latin America: Room for Growth", the new study explores the economic situation - as well as the socio-political conditions - in the Latin American region, looking into the key strategic sectors that present the most potential for growth, and taking into account the strategies implemented by governments around the region to overcome the political and economic instabilities plaguing Latin America. 
The Global Business Forum on Latin America is set to explore these promising sectors and statistics at length, as they constitute a real opportunity for Gulf Cooperation Council (GCC) countries to bolster their relations - chiefly, economic ties - with their Latin American counterparts. This, in turn, is poised to multiply the number of transactions between the two regions, as well as to drive further GCC investments in Latin America and, subsequently, improve the region's economies. The forum is a platform where the most prominent companies, entrepreneurs, and decision makers from both regions can meet to explore new avenues for cooperation and new agreements and deals to sign. 
Hamad Buamim, president and CEO of Dubai Chamber, said: "The Dubai Chamber of Commerce and Industry is committed to providing its member companies with top-quality services. This study, which the Chamber has commissioned in the run-up to the Global Business Forum on Latin America, reflects our dedication to keep up with the latest global economic developments, in order to provide investors with the most accurate, up-to-date information so they can make informed investment decisions that stand to shape the economic future of the country, the region, and even the world."
"We are closely monitoring the economic developments taking place in Latin America, and, considering the robust plans set by the region's governments and the general direction of the local markets, we project further growth for the region, and strive to play a key role in affecting positive change there."
Buamim explained, adding: "We are working to flag the sectors that are most in need of investments, drawing a clear map of the gaps and shortcomings that GCC investors and governments can capitalise on - in collaboration with the relevant Latin American authorities - to generate additional profits for both regions." -

By Staff Report

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