It discussed the target markets to raise its trade to two trillion dirhams

Dubai International Chamber is looking to consolidate the emirate's position as a center for international trade

The Chamber's Board of Directors held its first meeting headed by Bin Sulayem.

From the source

The Board of Directors of the Dubai International Chamber, one of the three chambers under the umbrella of Dubai Chambers, held its first meeting at the Chamber's headquarters yesterday, where it discussed, in the presence of the members of the Council, the Chamber's renewed role in consolidating Dubai's position as the capital of world trade, and a major and strategic center in the international trade system.

The Dubai Chamber stated in a statement yesterday that the Chairman of the Board of Directors of Dubai International Chamber, Sultan bin Sulayem, chaired the meeting, in the presence of the members of the Council, Hilal Saeed Al-Marri, Stephen Moss, Ghassan Al-Kebsi, Mark Willis, Nader Haffar, Dr. Habib Al-Mulla, Nabil Habayeb and Sanjeev. Kakkar, Elissar Farah Antonios, Julia Onslow-Cole, Rani Ramzi Raad, Rola Abu Mneh, May Nasrallah Merville, Shukri Eid and Ahmed Al Khilafi, in addition to the Director General of the Dubai Chamber, Hamad Buamim.

The Council reviewed a number of qualitative initiatives aimed at achieving the objectives of the Dubai Foreign Trade Plan, to raise the emirate's foreign trade volume to two trillion dirhams during the next five years.

The Council discussed how to benefit from the Chamber’s external relations network to explore new markets for Dubai trade, especially that the Chamber aims to cover 30 of Dubai’s priority markets, with promotional programs that advance the emirate’s trade exchange and enhance its competitiveness as a leading trading partner for global markets. Target markets, with high potentials that can provide added value to Dubai's foreign trade and exports.

Bin Sulayem said that the new council will focus its efforts on transforming the recommendations and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, into a tangible reality embodied in Dubai's global position as a vital center and prime international trade, considering that trade is an investment for the future. And an essential pillar in the efforts to diversify the emirate's economy.

He stressed the importance of adapting trade to global changes, keeping pace with the current and future stages, and relying on innovative solutions that rely on digital transformation, choosing important markets, facilitating trade exchange and logistical support.

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