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DIC board discusses plans to boost foreign trade

  • Member companies of Dubai International Chamber will work towards achieving the target of boosting Dubai’s foreign trade to $544bln within the next five years
  • Dubai International Chamber was established to strengthen partnerships with global corporations, investors and entrepreneurs

The Board of Directors of the newly formed Dubai International Chamber, one of the three chambers under the umbrella of the newly formed Dubai Chambers, discussed on Thursday ways to leverage the Chamber’s international network to tap into the 30 priority markets, which have been identified as potential markets that can accelerate the growth of Dubai’s foreign trade. 

Member companies of the Chamber decided to work towards achieving the target of boosting Dubai’s foreign trade to AED2 trillion within the next five years, consolidating Dubai’s position as global trade hub.

“Through integrated plans, the chamber will target new international markets and support the expansion of national companies abroad,” Chairman of the Board of Directors of Dubai International Chamber Sultan bin Sulayem. 

“The chamber will also support and integrate global investors, entrepreneurs and talent into Dubai’s flourishing business community within a comprehensive framework that ensures providing an agile pro-business environment,” he added. 

The chamber held its first meeting on Thursday at the Dubai Chamber headquarters. 

Dubai International Chamber was established to strengthen partnerships with global corporations, investors and entrepreneurs and boost Dubai’s status as a major trade hub. Adopting a more specialised approach to driving Dubai’s foreign trade, the chamber will promote the opportunities that the emirate offers in facilitating trade flows.