Dubai Boosting Trade Potential With Central Asia
The Dubai International Chamber, one of the three Chambers operating under Dubai Chamber, has launched “New Horizons”, a new initiative to drive international expansion of its members to new markets.
The initiative allows companies to join roadshows to gain first-hand knowledge of how to establish and do business in various select countries and priority markets.
The first in a series of “New Horizons” events will see a large delegation of Dubai business leaders heading to Central Asia between March 14 and March 21 to better understand and explore business opportunities in Uzbekistan, Kazakhstan, and Kyrgyzstan.
In these three countries, the largest contributors to GDP include manufacturing, trade, transport, agriculture and construction. UAE exports to these Central Asian nations include electronics, vehicles, machinery and tobacco. Central Asia is already an important market for Dubai: in 2021, Dubai’s non-oil trade with the three countries reached US$2.4 billion.
Several opportunities exist for Dubai-based businesses in areas including agriculture, metallurgy, tourism and construction, with an eight-day roadshow taking in four cities: Tashkent, Uzbekistan; Astana and Almaty, Kazakhstan; and Bishkek in Kyrgyzstan.
Middle East Briefing is produced by Dezan Shira & Associates. We provide foreign investment market intelligence about doing business in the region as well as provide updates on investments into Asia for Middle eastern based international companies from our offices in Dubai. Our firm was established in 1992 and has 28 offices and several hundred research, legal, tax and compliance professionals in our offices through the Asian region.
For assistance with establishing business in the Middle East, or for assistance in analyzing and entering markets elsewhere in Asia, please contact us at email@example.com or visit us at www.dezshira.com.
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