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Dubai / Emirates Business
Small and medium-sized enterprises (SMEs) are playing a vital role in expanding trade ties between the UAE and Caribbean region, according to the heads of chambers of commerce who spoke at the inaugural UAE-Caribbean Coopera- tion Forum in Dubai.
During the forum, a panel discussion titled ‘the role of the private sector in building a connected and competitive future’ evaluated bilateral business opportunities that could be availed by SMEs in the UAE and Caribbean markets, as well as key sectors and areas where companies on both sides can expand their cooperation.
Among the issues addressed during the session were key challenges facing SMEs in both regions, as well as critical buil-ding blocks needed to harness productive relationships between the UAE and Caribbean business communities.
“In the UAE and Caribbean — and indeed throughout the world — micro, small and medium enterprises (MSMEs) are playing and increasingly important role in innovation and economic growth,†said HE Hamad Buamim, President
and CEO of Dubai Chamber of Commerce and Industry.