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UAE Minister visits Dubai Exports to discuss cooperation in promoting trade and exports

Staff Report/Dubai
Filed on August 18, 2020

(Supplied)

Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, recently visited Dubai Exports, the export promotion agency of Dubai Economy, to discuss closer co-ordination and co-operation on enhancing exports from the UAE.

Al Zeyoudi was received by Saed Al Awadi, CEO of Dubai Exports, and was briefed on Dubai Exports' services and focus areas, especially those related to developing capabilities and policies that enable exporters enter international markets, in addition to new initiatives and future cooperation with the ministry.

Al Zeyoudi said: "The development and promotion of non-oil exports from the UAE is a priority for the Ministry of Economy. It is also a major focus within the package of 33 initiatives approved by the government to support economic sector and stimulate business activity. The ministry is committed to enhancing cooperation with all relevant authorities at the federal and local levels to support exporters in the UAE and increase their access to global markets."

Al Zeyoudi highlighted the role played by Dubai Exports in developing the capabilities of exporters in the emirate, opening new markets for them and providing services that enhance their competitiveness in foreign markets, which serve the country's objectives of increasing the volume of non-oil foreign trade and expanding business partnerships.

Al Zeyoudi added: "We will work to raise the level of coordination and cooperation with Dubai Exports to develop future frameworks to further encourage and enhance national exports, and enable exporters to diversify their markets, thus supporting our strategic goals."

Saed Al Awadi, CEO of Dubai Exports, added: "We will continue to launch new initiatives and plans that guarantee comprehensive support for exporters in Dubai and across the UAE. Dubai Exports has worked with the Ministry of Economy on varied projects as part of strengthening our support for exporters and ensuring the sustainability of Dubai's export sector."

Al Zeyoudi requested that a multi-disciplinary plan be developed to ensure sustainable growth of exports from the UAE, especially in light of the challenges brought forth by Covid-19. Dubai achieved Dh323 billion worth of non-oil trade during January-March 2020 - a two per cent growth compared to the same period in 2019 - and exports had a share of Dh43 billion.

business@khaleejtimes.com


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