LatAm explores more opportunities in Dubai
panama city — Latin American companies have stated that they see plenty of business opportunities in Dubai and are eager to expand on their bilateral relations in the coming years, experts at the third edition of the Global Business Forum (GBF) on Latin America said.
Organised by the Dubai Chamber of Commerce and Industry, the event concluded in Panama City with a call from government and business leaders to capitalise on new trade and investment opportunities that are emerging in the Latin America and Caribbean (LAC) and GCC regions.
“The third edition of Global Business Forum Latin America achieved its objectives of exploring new business prospects between the LAC and Arabian Gulf regions, fostering constructive dialogue between business communities on both sides, and paving the way for long-lasting partnerships. The forum was the first event of its kind to be hosted in the Latin America region, and our strategic decision to bring the GBF platform to Panama has proven to be a successful move. We see the strong participation in the event as a positive sign of growing confidence in Dubai as a preferred hub for Latin American companies,” said Hamad Buamim, president and chief executive officer of Dubai Chamber.
A total of 800 delegates from 50 countries attended Global Business Forum Latin America – Panama 2019, including heads of state, ministers, top government officials, policymakers and business leaders, while 300 bilateral business meetings were held on the sidelines of the event.
Held under the theme ‘Next Hubs, New Regions’ in partnership with Inter-American Development Bank, the two-day forum featured 17 sessions and 46 speakers from the UAE, Panama, Haiti, USA, Brazil, Argentina, Colombia, México, Uruguay, Jamaica, Dominican Republic, Honduras, Ecuador and Paraguay.
The two-day forum put the spotlight on key trends, technologies, challenges and opportunities that are emerging in the GCC and LAC regions, while participants identified key sectors and areas where businesses in both regions can expand their cooperation, such as food security and agri-business, finance and fintech, free zones, trade, tourism, renewable energy and other innovation-focused industries. Global Business Forum series was initiated in 2013 as part of Dubai Chamber’s strategy of international expansion, to position Dubai as the gateway to the world.