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Dubai Chambers Signs Four MoUs with Chinese Commerce Chambers to Boost Trade

Dubai Chambers has signed four memorandums of understanding with regional Chinese chambers of commerce to boost bilateral trade and investment. The agreements cover Beijing, Guangzhou, Chongqing, and Shenzhen, targeting enterprise expansion and reciprocal trade delegations. Dubai Chambers executives stated the initiative supports the emirate's target to expand non-oil foreign trade.

Illustration: A modern commercial conference room overlooking the Dubai skyline, with business documents and folders neatly arranged on a polished woo
Illustration

Dubai Chambers has signed four cooperation memorandums of understanding with regional Chinese commerce chambers to accelerate bilateral trade and investment flows between Dubai and China.

Under the agreements, Dubai Chambers President and CEO Mohammad Ali Rashed Lootah signed MoUs with the China Chamber of International Commerce (CCOIC) branches in Beijing, Guangzhou, and Chongqing. Additionally, Executive Vice President Salem AlShamsi signed an agreement with CCOIC Shenzhen.

The partnerships focus on facilitating enterprise expansion, exchanging business intelligence, and coordinating reciprocal trade delegations. The agreement with CCOIC Chongqing also specifically outlines frameworks for mutual participation in exhibitions and economic forums.

According to chamber executives, these agreements align with Dubai's broader target to expand its non-oil foreign trade and deepen commercial ties with major industrial centres across China.

Sources

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