The Dubai Chamber of Commerce and Industry has announced the
Global Business Forum for Latin America on Nov. 9 and 10.
The theme of the
event is “Shifting Synergies.”
“Latin
America continues to be a relatively stable business destination, despite the
uncertainties hanging over the global economy right now,” Chamber of Dubai President and CEO Hamad Buamim said. “As countries in
Latin America deepen economic integration with other regions, there are enough
opportunities for those interested in the Gulf Cooperation Council (GCC) — and
Dubai in particular — to strengthen trade ties with the region.”
Not
including oil, international trade in Dubai with Latin American countries was a
$4.6 billion industry in 2015. Brazil accounted for 20 percent of exports and 47 percent of imports, while Mexico accounted for 13 percent of
exports and 30 percent of imports. Additional trading partners include Chile
with 13 percent of imports, Argentina with 10 percent of exports and 3 percent of
imports, Venezuela with 8 percent of exports, and Suriname with 10 percent of
imports.
An
estimated 500 prominent stakeholders are expected to come together for the
business forum, including heads of state, policy makers, CEOs, business
leaders, investors, industry professionals and private bankers, sovereign
wealth funds and private equity firms.
