DUBAI: John Rakolta Jr., the United States’ Ambassador to the United Arab Emirates, and Philip Frayne, the United States’ Consul General in the United Arab Emirates were welcomed DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise for a meeting with Executive Chairman and Chief Executive Officer, Ahmed bin Sulayem to its headquarters on Thursday.
Recently launched flagship thought leadership report, the Future of Trade, which sets out a series of recommendations for governments, policymakers, and businesses to boost global trade by USD18 trillion (AED 66 trillion) over the coming decade was discussed in the meeting. Ways in which DMCC and organizations from the United States can collaborate and form strategic alliances to increase trade ties between the US and the UAE were also discussed. DMCC is home to 600 American companies, and the American Business Council Dubai, AmCham.
Bin Sulayem said that the Ambassador’s visit to Almas Tower shows the special, strategic, and strong diplomatic ties between the United Arab Emirates and the United States. He added that DMCC will work closer than ever before with American enterprise and significantly increase the number of US member companies in DMCC by maximizing trade opportunities through professional services, technology, innovation, energy, diamond, coffee, and tea, among others.
John Rakolta Jr. on behalf of the US government congratulated DMCC on becoming a world-class centre for trade, contributing significantly to the robust US-UAE trade relationship.
Following the meeting, Bin Sulayem gave Rakolta Jr. a tour of the Dubai Diamond Exchange, DDE, a state-of-the-art diamond tender facility located within Almas Tower. Dubai plays a vital role in the diamond supply chain, and in turn, is an important part of bringing the precious stone to the US, one of the world’s largest consumer market for diamonds.
Source: WAM
