Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Australian Chamber of Commerce and Industry to enhance cooperation, strengthen economic and trade relations, and support the development of partnerships between the business communities in Dubai and Australia.
The MoU supports the sharing of data and expertise between the two parties and cooperation on studies and research relating to trade, investment, and the economy, as well as the latest developments surrounding legislation governing business.
Further, the agreement is aimed at strengthening relationships between the business communities in Dubai and Australia to achieve their mutual objectives and contribute to boosting bilateral trade and investments.
Hassan Al Hashemi VP – International Relations Dubai Chambers
“At Dubai Chambers, we are keen to strengthen international partnerships to support the expansion of local businesses in strategic global markets and attract international companies and investments to Dubai. The MoU with the Australian Chamber of Commerce and Industry comes as part of our ongoing efforts to develop trade and investment prospects for the private sector and will contribute to strengthening bilateral relations and driving growth and prosperity in both markets.”
Lyall Gorman, Deputy President of the Australian Chamber of Commerce and Industry, commented that, “I am delighted to formalize this MoU between Dubai Chambers and the Australian Chamber of Commerce and Industry. The opportunity for our two organizations to engage more fully for mutual benefit are significant in their nature.”
“I look forward to ongoing strategic dialogue between our organizations with a view to enhancing economic activity, information exchange, and connectivity at all levels of business. Both Dubai Chambers and the Australian Chamber of Commerce and Industry are extremely progressive and highly regarded within their respective regions, and I am confident that a high level of value exchange will emerge as a result of coming together under the umbrella of this MoU,” Gorman further added.
