Agreement will create strategic international alliances

10 January 2009: Dubai Export Development Corporation (EDC) has established a Tradelink Partnership with the Australian Trade Commission (Austrade) to create strategic alliances between Dubai and Australian businesses.

The Partnership covers several areas of focus that define areas of cooperation including trade development, country-specific projects, export opportunities, exhibition participation and training activities. EDC and Austrade will work to share information relating to major export opportunities as well as encouraging members of both organisations to participate in relevant trade shows and exhibitions.

“Through this partnership, the Dubai Export Development Corporation and the Australian Trade Commission are acknowledging the vast potential for collaboration across a number of areas. The Australian and Dubai economies enjoy complementary characteristics and this agreement specifically defines areas where both organisations can continue to focus efforts to increase cooperation and subsequent opportunities,” said Engineer Saed Al Awadi, Chief Executive Officer of Dubai Export Development Corporation.

Dubai’s 2007 exports to Australia amounted to AED 206.04 million, a 34.34 per cent increase from 2006. According to EDC, exports of stone, cement, ceramic and glass products to Australia reached AED74.51 million in 2007 compared to AED55.48 million in 2006, while textile products have a significant increase of AED32.91 million in 2007 against AED16.33 million in 2006.

“Australia and the United Arab Emirates, Dubai in particular, have a history of trade and cooperation and there are currently significant opportunities for both countries in regards to cooperative export. This Tradelink Partnership will help to identify and implement projects that will prove beneficial to companies of both parties,” said Ian Wing, the Australian Trade Commission’s Regional Director of Europe, Middle East and Africa.

EDC and Austrade have a history of successful collaboration having co-hosted several seminars recently. EDC also recently hosted a selection of Dubai based food exporters at the ‘Made in Dubai’ stand at the Fine Food Australia exhibition held in Melbourne, Australia.

The increased cooperation of the two organisations supports EDC’s current campaign to ‘Made in Dubai’ as a stamp of quality recognised across the world. EDC’s Exporter Facilitation Model works with Dubai based exporters in the three main areas of Export Preparation, Facilitation and International Assistance.

About Dubai Export Development Corporation:

Having commenced operation in 2007, the Dubai Export Development Corporation (EDC) is an autonomous organisation under the directive of the Government of Dubai. Its vision is to be a world-class model in assisting and facilitating exporters, by creating an enabling environment for exports, with the aim of enhancing the competitiveness of Dubai as a preferred trading partner.

The EDC has moulded its mission to identify and effectively deliver value-added trade support services to Dubai export enterprises for accelerated and profitable expansion of their business in foreign markets.

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