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Photo : Dubai Government Media Office
Dubai Chambers has entered into a significant partnership with the China Council for the Promotion of International Trade Tianjin Sub-council (CCPIT Tianjin) through a newly signed Memorandum of Understanding (MoU). This strategic agreement is designed to facilitate the expansion of Chinese investors into Dubai and to provide robust support for the establishment and growth of their businesses within the emirate. Additionally, the MoU aims to strengthen the ability of Dubai-based companies to access the Chinese market and forge valuable business relationships in Tianjin.
The MoU outlines a framework for enhanced cooperation between Dubai and Tianjin’s business communities, with a focus on stimulating trade and fostering bilateral investments. It encompasses a broad range of sectors and collaborative areas, reflecting a commitment to deepening economic ties between the two regions.
The agreement was formalized in a meeting at the Dubai Chambers headquarters, where His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Mr. Chen Liyu, Vice Chairman of CCPIT Tianjin, signed the document. This collaboration is expected to open new avenues for trade and investment, benefiting businesses on both sides.
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Dubai Chambers is committed to advancing the international reach of Dubai-based businesses, attracting foreign investments, and positioning the emirate as a premier global business hub. This initiative aligns with the Dubai Economic Agenda (D33), which aims to double the emirate's economy within the next decade and secure its place among the world’s top three cities for business and investment. Through this partnership, Dubai Chambers reinforces its role in driving Dubai’s economic growth and enhancing its global stature.
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