UAE firms explore trade opportunities
in S. America

DUBAI — Local companies are exploring new business opportunities in South America following a successful mission by UAE trade bodies early this year, says a Press statement on Monday.

By (Staff Report)

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Published: Tue 31 Aug 2010, 11:11 PM

Last updated: Mon 6 Apr 2015, 9:52 AM

The UAE trade mission, headed by Dubai Department of Economic Development (DED), Government of Dubai, and its agencies, to South America paved the way to explore the South American market to boost UAE exports of products and services.

Dubai Export Development Corporation (EDC), an agency of DED and the government body charged of promoting exports from the Emirates, is extending its support and services through its partners to companies that are already expanding businesses in South America. In addition, more delegations from countries like Argentina, Brazil and Chile are visiting the UAE to explore trade and foster mutual partnerships.

“The trade mission we’ve conducted in South America has proven to be successful as more companies are encouraged to expand their businesses in the western region. Consequently, we have seen an increase of Latin American companies wishing to do business here in the UAE,” Engineer Saed Al Awadi, Chief Executive Officer, EDC said.

“South America is considered as an important export and investment market for the UAE particularly in Dubai. EDC is supporting its members with value-add services by providing them with appropriate trade knowledge as well as government representation whenever possible in these markets,” he added. business@khaleejtimes.com


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