Newly launched Romanian Business Council enhances economic ties with Dubai

By promoting collaboration, sharing valuable insights, and embracing cutting-edge technologies, our aim is to strengthen businesses and promote sustainable growth…reports Asian Lite News

The establishment of the Romanian Business Council by Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, marks a significant milestone in enhancing economic ties between Dubai and Romania. This newly launched business council will actively advocate for the interests of Romanian businesses and UAE-registered companies owned by Romanians in Dubai. Additionally, it will play a crucial role in bolstering Dubai’s presence in Europe and attracting fresh investments from the region.

The launch of the Romanian Business Council comes as part of the chamber’s strategy to establish new country-specific business councils and expand their roles to promote cross-border business opportunities and boost bilateral trade.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are proud to support the establishment of the Romanian Business Council, which heralds a new era of enhanced cooperation between Dubai and Romania’s dynamic business communities. This collaborative effort supports our ongoing drive to ensure a supportive, enabling, and world-class business environment in Dubai. We look forward working together to boost bilateral trade and promote cross-border business opportunities.”

“We are excited to declare the formation of the Romanian Business Council,” said Genoveva Turcu, the President of the council. The primary objective of our organization is to assist both Romanian and UAE businesses in building a community that thrives on innovation, collaboration, and the exchange of knowledge. By promoting collaboration, sharing valuable insights, and embracing cutting-edge technologies, our aim is to strengthen businesses and promote sustainable growth.”

Covering markets of strategic importance to Dubai, business councils serve as valuable platforms for companies in the UAE and abroad to connect, collaborate, and build mutually beneficial partnerships, opening new channels for economic cooperation with business communities across the globe.  The number of Romanian companies registered with Dubai Chamber of Commerce was 381 by the end of 2022.

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