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Portuguese Business Council formed in Dubai

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Dubai / WAM

The Dubai Chamber of Commerce and Industry (DCCI) announced the establishment of the Portuguese Business Council in Dubai, under the umbrella of the Chamber, which will promote economic relations between the business communities of Dubai and Portugal. This is the Chamber’s 48th council.
The 25 founding members of the Portuguese Business Council came together to consolidate their position in Dubai and the UAE and, through the council, show that goods and services of Portuguese origin are of high quality, with technological advancement and excellence that will compete with top brands in the market.
The Council held its first General Assembly last Tuesday at the Dubai Chamber headquarters, which was addressed by Atiq Juma Nasib, Senior Vice-President of Commercial Services at Dubai Chamber, and Jaime van Zeller Leitao, the Ambassador of Portugal to the UAE.
Atiq Nasib applauded the council’s establishment, saying, “It is time to think beyond Europe, to extend your business to the rest of the world and there is no better place to expand than from Dubai, given the logistics and the international links, specifically to Africa, where Portugal has historic ties.”
The Portuguese Business Council said as well that the non-oil revenue of commercial transactions between the UAE and Portugal for goods and services in 2015 was valued at US$500 million and that they expect, with this new chapter of bilateral relations, that the amount will at least double to $1 billion by 2017.
Leitao praised the council’s formation, saying that his 30 years of diplomatic experience has taught him that there is strength in associations and that Portuguese companies are sure to benefit from being part of the council, through which they can promote Portugal’s bilateral economic relations with Dubai.
Currently, there are 48 country-specific Business Councils and 27 sector-oriented Business Groups totalling 75 operating under the umbrella of Dubai Chamber which reflects the diversity of the emirate’s business environment.
Dubai Chamber is providing a number of facilities to all the business councils and groups by inviting them to participate in various events and meetings to strengthen trade relations. The Chamber also serves as a conduit between the public and private sectors represented by these councils and groups as it presents their recommendations and proposals to various government entities.

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