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Dubai Chamber Establishes Brazilian Business Council to Boost Trade Ties
Dubai Chamber Establishes Brazilian Business Council to Boost Trade Ties

Hi Dubai

time26-05-2025

  • Business
  • Hi Dubai

Dubai Chamber Establishes Brazilian Business Council to Boost Trade Ties

Dubai Chamber of Commerce has launched the Brazilian Business Council to strengthen trade and investment links between Dubai and Brazil, marking a new chapter in bilateral economic cooperation. The council, announced following its inaugural annual general meeting at Dubai Chambers' headquarters, aims to enhance collaboration between Brazilian and Dubai-based businesses, promote joint ventures, and facilitate the exchange of market insights and expertise. With Brazil emerging as a key trade partner, the move reinforces Dubai's role as a global business gateway. Non-oil trade between Dubai and Brazil surged to AED13.8 billion in 2024, a 35% rise from the previous year. Active Brazilian membership in the Dubai Chamber of Commerce also grew by 22%, reaching 364 companies by the end of the year. Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, said the council reflects a strategic effort to attract global investment and deepen economic ties. 'The council creates a valuable platform to explore investment opportunities and drive the sustainable growth of trade relations between Dubai and Brazil,' she noted. The Brazilian Business Council joins a network of country-specific councils under the Dubai Chamber of Commerce, each designed to facilitate cross-border collaboration and support Dubai's broader goal of becoming a leading hub for international business. News Source: Emirates News Agency

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