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Dubai Chamber of Commerce Launches Korean Business Council to Boost Trade

Photo : Dubai government media office

Dubai Chamber of Commerce, a key player within the umbrella of Dubai Chambers, has officially launched the Korean Business Council aimed at bolstering economic relations between Dubai and the Republic of Korea. This initiative seeks to create mutually beneficial opportunities for private sector companies in both regions.

The council held its inaugural annual general meeting recently at the Dubai Chambers headquarters, where members identified key priorities and outlined plans for future activities, including an exciting schedule of upcoming events. The primary focus of the Business Council will be to enhance economic cooperation between Dubai and Korea, emphasizing the most promising sectors that can benefit both markets.

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Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, emphasized the importance of such councils, stating, “Business Councils are vital platforms that strengthen cooperation, create promising opportunities, and foster mutually beneficial partnerships. We remain committed to ensuring they contribute to the growth of the private sector and increase its contribution to sustainable economic development in Dubai.”

The Korean Business Council is part of a broader network of country-specific councils operating under Dubai Chamber of Commerce, which represent the interests of companies and investors from strategically significant markets. These councils play a crucial role in facilitating new channels of economic cooperation with global business communities and advocating for the interests of investors in Dubai.

As part of its commitment to the Dubai Economic Agenda (D33), the Dubai Chamber is focused on increasing the number of country-specific Business Councils. This effort aims to promote Dubai's foreign trade and support local companies in expanding into international markets, ultimately driving economic growth and diversification in the emirate.

Oct. 25, 2024 2:10 p.m. 470

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