DMCC, Brooklyn Chamber Of Commerce ink agreement to promote bilateral trade

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has signed an agreement with the United States’ Brooklyn Chamber of Commerce that will see the two entities work together on a number of mutually beneficial initiatives to promote bilateral trade and support the international expansion of American businesses through Dubai.

DMCC will work with the Brooklyn Chamber to support New York-based businesses in setting up their operations in Dubai, utilising the emirate’s status as a gateway to some of the world’s fastest growing markets. Similarly, the partnership will look to facilitate the expansion of DMCC’s member companies into the US market.

Ahmed bin Sulayem, executive chairman and chief executive officer, DMCC, said: “DMCC is thrilled to collaborate with the Brooklyn Chamber of Commerce to create new, mutual opportunities for growth across enterprise and culture. Both New York and Dubai are hyper-connected business hubs that share a forward-thinking dynamic landscape for trade. As Brooklyn continues to evolve, we look forward to working alongside the Brooklyn Chamber of Commerce, its future-driven organisation and 62,000 members, by providing them a path to grow and thrive in Dubai.”

Given DMCC’s particular focus on commodities trade, the partnership will also see Brooklyn Chamber of Commerce promote the services offered by DMCC’s Dubai Diamond Exchange (DDE), Tea Centre and Coffee Centre to commodities businesses within the New York business community.

— business@khaleejtimes.com