Dubai Chamber of Commerce and the Ministry of Foreign Trade are reviewing the role of economic partnership agreements for export development
Dubai, July 11 / WAM / Dubai Chamber of Commerce, one of the three rooms operating under the umbrella of Dubai Chambers, organized a session with the representatives of the specialized business groups in the services sector that operates under the umbrella of the Dubai Chamber of Commerce, reviewing the role of comprehensive economic partnership agreements concluded by the UAE in enhancing the growth of the local services sector exports.
The focus was on the contribution of comprehensive economic partnership agreements in promoting promising commercial and investment opportunities for the national private sector, expanding the prospects for the growth of the local services sector at the global level, and increasing the opportunities for exporting services.
The workshop reviewed ways to benefit from the various economic sectors from comprehensive economic partnership agreements, and their contribution to developing the work of local companies operating in the services sector and supporting the expansion of their business globally, including business services, communications, engineering and construction, and distribution, in addition to environmental services and education, as well as the financial services and insurance sector, health and social services, tourism and travel, in addition to entertainment, cultural and sports services And transportation services.
During the symposium, the provisions of the agreements and their role were reviewed in enhancing the state’s position as a major commercial portal for exporting goods and services.
The advantages of these agreements were also defined, which include enhancing access to global markets, reducing or canceling customs duties, in addition to facilitating customs procedures, and providing clear and transparent rules, as well as enhancing competition based on fair trade.
Maha Al -Qarqawi, Vice -President of the Business Society Support Sector in Dubai Chamber, said: We are keen to support the private sector, enhance its awareness of everything related to the business environment, and to upgrade its competitiveness in global markets, especially since the comprehensive economic partnership agreements have positive and tangible repercussions on the business community.
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