Dubai Chamber of Commerce has established the Mexican Business Council to enhance trade and investment between the two countries.
The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has recently established the Mexican Business Council. This move aims to enhance bilateral trade and investment opportunities and strengthen ties between the business communities of Dubai and Mexico.
The launch of the Mexican Business Council signifies Dubai's increasing appeal to Mexican companies and investors. The number of Mexican companies registered as active members of the Dubai Chamber of Commerce reached 108 by the end of Q1 2024.
The inaugural Annual General Meeting of the Business Council recently took place at the headquarters of Dubai Chambers. The meeting primarily focused on the council’s key objectives, which include strengthening economic relations between Dubai and Mexico and fostering mutually beneficial partnerships. Additionally, participants discussed the upcoming program of events for the following months.
Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, expressed that "We are committed to empowering Business Councils to contribute to increasing promising opportunities between the private sector in Dubai and business communities around the world. We aim to strengthen economic and investment partnerships across all sectors, both locally and internationally, as part of our drive to boost foreign trade and further strengthen Dubai's position as a leading global business destination."
The Business Councils, operating under the umbrella of Dubai Chamber of Commerce, represent the interests of companies and investors from specific countries operating in Dubai. Each council collaborates with the chamber to promote sustainable growth of bilateral trade and investment between Dubai and the represented market.
The chamber is currently working to increase the number of Business Councils to support the objectives of the Dubai Economic Agenda (D33) by driving growth in foreign trade and supporting the expansion of local companies into global markets.