Dubai Chambers, SGS to facilitate export of local products globally
- 22 Jul 2024
Dubai Chambers has signed a Memorandum of Understanding (MoU) with SGS Gulf Limited to support and facilitate the export of products and services from local companies into global markets.
The agreement will enable companies operating in Dubai to ensure that their products and services comply with the test, inspection, and compliance standards adopted in 176 countries through SGS Gulf Limited’s services, enhancing their ability to expand globally and meet all of the regulatory requirements in their target markets.
The MoU comes as part of the ‘Global Partnership Programme,’ a new initiative launched by Dubai International Chamber, one of the three chambers operating under Dubai Chambers.
The programme aims to accelerate the chamber’s efforts to attract foreign investments and support the expansion of local companies into promising global markets by collaborating with world-class service providers across eight trade categories, in line with the objectives of the Dubai Global initiative.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Supporting companies operating in Dubai to successfully expand into global markets is among our top strategic priorities. Our cooperation with SGS Gulf Limited will facilitate export procedures to global markets, enhance the local business community’s potential for sustainable growth, and advance the development of the national economy.”
Hakan Sebukcebe, Managing Director of SGS Middle East, commented: “Our consistent investment in various facilities and testing laboratories is designed to ensure all products exported from the UAE meet and exceed the highest regulatory standards applicable in their destination markets.”
The Global Partnership Programme offers a range of services designed to expedite processes, simplify operations, reduce costs, and minimise risks for members.
The MoU with SGS Gulf Limited will support the programme across the chamber’s 31 international representative offices around the world.
This growing network will play a key role in achieving the ambitions outlined in the Dubai Economic Agenda (D33), which seeks to double the size of the emirate’s economy over the coming decade and consolidate Dubai’s position among the top three global cities.
Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, providing innovative value-added services and access to influential networks. In March 2021, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.
Earlier the Dubai Chambers signed a Memorandum of Understanding (MoU) with VFS Global, the world’s largest visa outsourcing and technology service specialist for governments and their diplomatic missions.
Under the terms of the agreement, VFS Global will provide strategic services to accelerate trade and investment development for Dubai-based companies across the company’s global network.
The MoU is aimed at accelerating the global expansion of Dubai-based companies by reducing market entry friction and speeding up their ability to capitalise on commercial opportunities.
Dubai-based businesses will benefit from the support of VFS Global’s international network of offices and resources, which offer a range of services and solutions including the evaluation of potential partners in international markets through due diligence services.
The agreement comes as part of the ‘Global Partnership Programme,’ a new initiative launched by Dubai International Chamber, one of the three chambers operating under Dubai Chambers, that aims to accelerate the chamber’s attraction and expansion efforts by collaborating with world-class service providers across eight trade categories. The programme will offer services designed to expedite processes, simplify operations, reduce costs, and minimise risks for Dubai-based companies.
The Global Partnership Programme complements Dubai Global Initiative which aims to attract foreign direct investment and support Dubai-based companies in their expansion plans across 30 priority markets.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are dedicated to driving economic growth by attracting companies and investors from across the globe to the emirate and supporting the international expansion of local businesses. Our cooperation with VFS Global will enhance the competitiveness of Dubai’s private sector by facilitating smoother entry into global markets. We remain committed to supporting the business community as we continue to consolidate Dubai’s position as an unrivalled global gateway for opportunities and growth.”
