A Memorandum of Understanding (MoU) between Dubai Chambers and the China Council for the Promotion of International Trade Tianjin Sub-council (CCPIT Tianjin) has been signed.
The agreement aims to improve the capacity of businesses operating in Dubai to enter the Chinese market and form promising business partnerships in Tianjin. It also supports the expansion of Chinese investors into Dubai and helps them establish and grow their businesses in the emirate.
In order to promote the expansion of trade and bilateral investments, the two parties will work together to strengthen linkages between the business communities in Tianjin and Dubai. The goal of the agreement is to develop bilateral economic relations by focusing on a variety of industries and areas of partnership.
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During a meeting held at Dubai Chambers headquarters, the parties inked an agreement between Mr. Chen Liyu, Vice Chairman of CCPIT Tianjin, and His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers.
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Dubai Chambers is committed to helping companies based in Dubai grow internationally into strategically significant global markets, luring foreign capital and multinational corporations to the emirate, and enhancing Dubai’s standing as a preeminent international center for trade, business, and investments.
The organization is dedicated to helping the Dubai Economic Agenda (D33) achieve its goals, which include making Dubai one of the top three global cities and growing the emirate’s economy by double over the next ten years.
About Dubai Chambers
Dubai Chambers drives economic and business growth. The umbrella organization of Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy empowers local businesses, strengthens international partnerships, and accelerates digital economy growth to cement the emirate’s position as a leading global hub for business, trade, and investments.
