Top-level delegation of DMCC successfully concluded its roadshow to Shenzhen and Hong Kong, further strengthening the longstanding bilateral relationship with China and exploring new opportunities for economic cooperation, trade and foreign direct investment.
During the visit, DMCC signed a Memorandum of Understanding (MoU) with the Hong Kong-Middle East Business Chamber Limited (HKME) to promote innovation and bilateral trade. The agreement will see both entities collaborate on the exchange of market best practices, transfer of knowledge and professional expertise, as well as the provision of trade and logistical support. In turn, this will support the objectives of the Belt and Road Initiative, strengthening economic cooperation between the countries along the proposed “Belt and Road” route.
"We are delighted to be back in China as we continue on our path of strong and collaborative growth. China occupies a key position as one of DMCC's top strategic markets, while DMCC has become a preferred destination for Chinese businesses," said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC.
"We expect our cooperation to be even further boosted through the UAE’s impending membership of BRICS, which will enhance the strength and capacity of the One Belt One Road initiative.”
The visit also saw DMCC release a special edition of its Future of Trade thought leadership report focused on lab-grown diamonds (LGDs), titled “Coming of Age – The Future of Lab Grown Diamonds”. The report examines the dynamics that have driven the meteoric rise of the LGD market segment over the past few years. The release of the LGD-focused report comes following a successful inauguration of the LGD Symposium hosted by DMCC in July 2023.
