Bogotá, Colombia –The Cámara de Comercio de Bogotá, leading by Ovidio Claros Polanco hosted a pivotal event titled “Access the United Arab Emirates Market: Dubai the Gateway to Entry.” This conference aimed to highlight the burgeoning commercial opportunities and economic relations between Dubai and Colombia.
The event provided a platform for participating companies to explore the potential of the UAE market for the internationalization of their products and services.
A significant milestone of the conference was the signing of an agreement between Colombia and the Arab countries. This agreement marks a crucial step towards enhancing economic ties with high-income and rapidly growing markets, presenting numerous opportunities for Colombia.
Once the internal processes are completed and the agreement comes into effect, 85% of Colombian products, including coffee, fruits, flowers, beef, dairy, cocoa, and footwear, will enter these markets tariff-free.
The event was graced by the presence of Mohamed Alshamsi, Ambassador of the United Arab Emirates to Colombia, and Ahmed Bin Sulayem , CEO and President of DMCC (Dubai Multi Commodities Centre). Their participation underscored the importance of this agreement in fostering stronger economic relations between the two regions.
DMCC’s EC and CEO, Ahmed Bin Sulayem, welcomed attendees at the hashtagMadeForTrade Live event in hashtagBogota. Home to 15% of the total hashtagColombian business presence in the hashtagUAE, DMCC offers a thriving environment for Colombian companies to grow and expand across key sectors, including precious stones, precious metals, energy, agri-food, and technology.
With bilateral non-oil trade reaching USD 533 million in 2023, H.E. Mohamed Alshamsi, UAE Ambassador to Colombia, highlights how the hashtag#UAE accounts for 40% of hashtag#Colombia’s trade in hashtag#MENA. Industry experts also discuss business opportunities in hashtag#technology, hashtag#commodities and hashtag#Web3, and how hashtag#DMCC offers dedicated support for Colombian companies to expand globally from hashtag#Dubai.
