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Dubai Chamber seeks stronger bilateral ties with Mongolia
Welcoming the Mongolian delegation, Majid Al Shamsi stressed on the importance of enhancing bilateral ties between Dubai and Mongolia.
Dubai — Majed Al Shamsi, First Vice Chairman, Dubai Chamber, received a high-level 50-member Mongolian delegation led by Saikhanbileg Chimed, Prime Minister of Mongolia, recently at the Chamber head office. The meeting was attended by Abdullah Ghobash, Minister of State, Hamad Buamim, President and CEO, Dubai Chamber, and representatives of the business community.
Welcoming the Mongolian delegation, Majid Al Shamsi stressed on the importance of enhancing bilateral ties between Dubai and Mongolia, which he said will be further strengthened following this high-profile visit by the country’s Prime Minister and his accompanying delegation.
“Dubai can be a strong and strategic partner for Mongolia. The city’s economy is led by pillars of trade, tourism, logistics and financial services while its location is a major benefit, offering a gateway to consumers across the Middle East, Africa and South Asia,” said Al Shamsi.
Calling both Dubai and Mongolian businesses to look for new areas of economic cooperation, Al Shamsi stressed that both the sides have to enhance bilateral ties and trade exchange as Dubai’s total non-oil trade with Mongolia last year valued Dh60 million which positions the country as the emirate’s 164th largest trade partner.
Al Shamsi repeated Dubai Chamber’s commitment to provide all possible facilities to help Mongolian investors in building up a base in Dubai while reaching out to a large number of consumers in the region and beyond. He also expressed his willingness to cooperate with the Mongolian business community for the achievement of common goals between the two sides.
On his part, the Prime Minister of Mongolia lauded Dubai’s economic growth model which he said is very impressive as he called upon UAE companies to look for joint cooperation ventures with their counterparts in Mongolia adding that there are ample opportunities for UAE companies to invest in Mongolia’s mining, agriculture and livestock sectors.
— business@khaleejtimes.com
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