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Venture opportunities in Mexico for UAE organizations
Posted Date 2016/01/22 00:37

Mexico offers numerous open doors for financial specialists and additionally organizations and the nation is quick to improve exchange relations with the UAE, President Enrique Peña Nieto said in Dubai on Tuesday. 

Nieto called attention to the venture open doors for UAE organizations in different areas outstandingly training, exchange and industry, money related administrations and vitality. Mexico has consented to joint exchange arrangements with 11 nations and along these lines the fare to Mexico permits opportunities in around 46 distinct markets and access to 140 million customers, he educated. 


Talking at the UAE-Mexico Business Forum sorted out by Dubai Chamber of Commerce and Industry in organization with the Mexico Embassy in the UAE and ProMexico in Dubai, Nieto said the Mexican government was quick to expand on the long-lasting ties delighted in by the two nations. He termed the discussion as an initial step for long haul organization between the two nations. 

The Mexican president said his nation is interested in participation with the world, and geographic separations can be overcome on the grounds that the world is interconnected, communicating his nation's craving to open itself to the UAE, particularly that the UAE is created nation and has a reasonable vision and methodology for what's to come. 


Revealing insight into the assembling division in his nation, he educated that 85 for each penny of the nation's fares are modern items while the circumstance was distinctive 30 years back when oil represented more than 80 for every penny of Mexico's fares, taking note of that his nation is one of the biggest exporters of level screen TVs, and the seventh biggest maker of vehicles, while the airplane business recorded development quite a long time. 


In his appreciated location, Dubai Chamber executive Majid Al Ghurair said: "Our connection with Mexico is typical of the Chamber's methodology of contacting the promising markets of the world and the significance of the nation as a major aspect of Latin America district." 


Dubai Chamber second bad habit director Hisham Al Shirawi said: "For Dubai, exchange is the foundation of our economy. Adjusting the necessities of Dubai and Mexico through expanded participation, will absolutely affect two-way exchange and venture. At present, we have 21 Mexican organizations as individuals from Dubai Chamber and we would like to expand on this number in the coming years." 


In his presentation on Dubai economy, Dubai Chamber president and CEO Hamad Buamim said that the Dubai 2021 Plan constitutes a beginning stage for endeavors that will reinforce the procedure of economical advancement in the emirate, saying that exchange is the biggest patron to the GDP of Dubai, an area which could be based on to enhance exchange relations with Mexico.


He included that the tourism segment is advancing towards accomplishing its objective of pulling in 20 million vacationers by 2020, calling attention to that Dubai has pulled in 11.7 million travelers amid January-October 2015 with a development of 8.4 for every penny contrasted with the same period in 2014, with a vicinity of more than 96,000 and inn rooms and flats.


The president said that Dubai which is at the focal point of East and West, the emirate's air terminals enlisted 71 million travelers until last November, and around 2.29 million tons of air freight, and the dispatch of a non-stop flight in the middle of Dubai and Mexico will assume a noteworthy part in advancing reciprocal financial relations between the two nations. 


Buamim said that Dubai Chamber will be investigating new markets for the business group in the coming months, after Africa, as the emphasis now is on Central Asia and Latin America which are target markets for the Chamber, in this manner the Mexican business sector is of enthusiasm to the business group in Dubai and this Business Forum is a stage forward in that bearing, he said.

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