Dubai [UAE], the Dubai Chamber of Commerce, one of three chambers operating under the Dubai Chambers umbrella, has announced the establishment of the Mexican Business Council to boost bilateral trade and investment opportunities and strengthen ties between the business communities of Dubai and Mexico.

The launch reflects the growing attraction of Dubai among Mexican companies and investors, as the number of companies from Mexico registered as active members of the Dubai Chamber of Commerce reached 108 at the end of the first quarter of 2024.

The inaugural Annual General Meeting of the Business Council took place recently at the Dubai Chambers headquarters. The meeting focused on the council's key objectives, which include strengthening economic relations between Dubai and Mexico and building mutually beneficial partnerships. In addition, participants discussed the program of events planned for the coming months.

Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented: "We are committed to empowering business councils to contribute to increasing promising opportunities between Dubai's private sector and business communities around the world. We aim to strengthen economic and investment partnerships, across all sectors, both locally and internationally, as part of our drive to boost foreign trade and further strengthen Dubai's position as a leading global business destination."

Business Councils under the umbrella of the Dubai Chamber of Commerce represent the interests of companies and investors from specific countries operating in Dubai. Each council partners with the chamber to foster the sustainable growth of bilateral trade and investment between Dubai and the market represented.

The chamber is currently working to increase the number of Business Councils to support the objectives of the Dubai Economic Agenda (D33) by driving the growth of foreign trade and supporting the expansion of local businesses in global markets.