Dubai will strengthen commercial partnership in Latin America

The Emirate seeks to increase its investments in Latin America with an emphasis on tourism, agro-industry and logistics in the region although the commercial approach between the two regions is just beginning

Several Latin American countries are taking profit of commercial alliances with one of the richest countries in the Arabian Gulf. Undoubtedly, Dubai is a strategic partner from the United Arab Emirates (UAE).

Argentina, Brazil, Panama and Mexico play a fundamental role in business with the City – State. Costa Rica and Colombia also seek to have a presence at the investment strategy.

For his part, the manager of the Panama office of the Dubai Chamber of Commerce, Saad Ishtiaq, who participates in the Global Business Forum (GBF) Latin America, states: “This forum has served as a platform for commercial exchange between two regions they have not established a relationship, but they have a potential to deepen it”.

The representative of the Chamber said that Dubai intends to bring closer the relations that may arise between the delegates of both regions.

“Panama and Dubai are like two regional borders. Their geographical location, the economy and the population are very similar, especially in the commercial, logistical and financial sectors, which are key for both,” Ishtiaq quoted.


Source: Banca&Negocios

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