Dubai Chamber of Commerce introduces Qazaqstan Business Council to boost trade and investment growth within the region – Business – Economy and Finance

The Dubai Chamber of Commerce has taken a significant step towards strengthening economic ties with Qazaqstan by establishing the Qazaqstan Business Council. This move aims to enhance bilateral trade and investment relations between the business communities in Dubai and Qazaqstan, reflecting the growing economic partnership between the two markets.

With 589 companies from Qazaqstan registered as active members of the Dubai Chamber of Commerce by the end of Q1 2024, the establishment of the Business Council comes at a time when both regions are looking to further expand their business collaborations. The inaugural Annual General Meeting of the Business Council was recently held at Dubai Chambers’ headquarters, where participants discussed strategies to boost membership and outlined the upcoming events for the year ahead.

Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, highlighted the importance of Business Councils in fostering dialogue and strengthening trade relations. She emphasized Dubai’s commitment to building strong partnerships with countries worldwide, with the aim of promoting sustainable economic development and enhancing the private sector’s contribution to the economy.

Business Councils, operating under the Dubai Chamber of Commerce, serve as platforms for companies, business owners, and industry experts to advocate for the interests of businesses in Dubai. These councils work in collaboration with the chamber to promote bilateral trade and investment opportunities between Dubai and the markets they represent.

The establishment of the Qazaqstan Business Council signifies a new chapter in the economic relations between Dubai and Qazaqstan, paving the way for increased cooperation and collaboration in various sectors. By creating a platform for dialogue and partnership, the Business Council aims to leverage opportunities for mutual growth and development, ultimately benefiting both regions’ business communities.

As the Business Council sets out to strengthen its membership and expand its activities in the coming year, it is poised to play a crucial role in driving economic growth and fostering closer ties between Dubai and Qazaqstan. With a focus on promoting trade, investment, and business opportunities, the council is expected to contribute significantly to the advancement of both regions’ economies.

Overall, the establishment of the Qazaqstan Business Council under the Dubai Chamber of Commerce marks a positive step towards enhancing bilateral relations and creating new avenues for collaboration between Dubai and Qazaqstan. As both regions continue to explore opportunities for economic growth and development, the Business Council is set to play a key role in driving forward their shared goals and objectives.