The United Arab of Emirates prepares to participate in various events such as global fairs, provincial exhibits as well as local forums to market and boosts its exports industry.
Some of the major events on the list are Dubai’s Annual Investment Forum scheduled in April, Germany’s Hannover Fair, Karachi’s Expo Pakistan set in September and Sial Food in Paris in October.
For this month, the country’s Minister of Economy is expected to lead the UAE’s delegation on the Partnership Summit in Bangalore. Subsequently, there will be state trips to Russia, the US, and China to boost trade.
This year, the department of trade promotion will put emphasis on organizing events and happenings for exporters in China, Saudi Arabia, and central Asia, where Abu Dhabi has a few memorandums of understandings. 4 trade delegations will be flown to Qatar, Ethiopia, Saudi Arabia and China, to focus on construction and hydrocarbons.
Recently, the Abu Dhabi Dep’t of Economic Dev’t revealed that the cost of the emirate’s foreign trade stands at Dh128.9 billion at the end of 2013, with imports amounting to Dh98.1 billion, re-exports Dh16.2 billion and exports Dh14.6 billion.