10.22 AM Friday, 19 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:32 05:49 12:21 15:48 18:47 20:04
19 April 2024

Dubai Chamber proposes direct flights to Mexico

Hamad Buamim addressing the gathering at Country Focus Briefing in Dubai on Tuesday (SUPPLIED)

Published
By Staff

Dubai and Mexico aim to expand trade and commercial ties through a range of measures such as direct flights and attracting more tourists.

Hamad Buamim, President and CEO, Dubai Chamber of Commerce and Industry, has proposed that direct flights will boost trade ties and movement of goods between Dubai and Mexico.

He called upon Dubai businesses to benefit from the Chamber’s initiative of exploring promising markets of the world, urging them to explore Mexico’s potential for stronger bilateral cooperation despite the challenge of distance as the country is one of the world’s most important emerging economies.

Buamim was speaking at the first Country Focus Briefing of the year organised by Dubai Chamber in association with Embassy of Mexico, ProMexico and the Economist Intelligence Unit at the Chamber premises on Tuesday, as part of the Chamber’s initiative of opening up new business opportunities for its members while enhancing their competitiveness in the overseas markets.

Dubai-Mexico trade has increased considerably over the past few years. Mexico currently ranks as Dubai’s 45th largest trade partner globally and between 2011 and 2012 the two sides’ trade rose by almost 27%, from a value of Dh4.1 billion to Dh5.2 billion.

Francisco Alonso, Ambassador of Mexico to the UAE, said that the UAE and Mexico now enjoy deep bilateral ties and are poised for a stronger partnership in the future as the two sides seek to develop their economic relations. Mexico is especially interested in promoting the flow of tourists from the UAE.