Dubai Chamber of Commerce—one of three entities under the umbrella of Dubai Chambers—recently hosted an informative workshop in partnership with the Ministry of Economy, aiming to familiarise Business Council members with the scope and advantages of the UAE’s Comprehensive Economic Partnership Agreements (CEPAs).
Gathering leaders and representatives from various Business Councils, the session underlined CEPA’s critical role in expanding Dubai’s private sector footprint in global markets. The discussions emphasised how these agreements pave the way for increased trade and investment flows, broadening access to foreign markets for goods and services, while boosting both export and re-export capabilities. Attendees were given a detailed understanding of how businesses across diverse industries can practically leverage CEPA frameworks for sustainable growth and global outreach.
Participants were also briefed on the core elements of CEPA deals and how they bolster the UAE’s standing as a premier international trade and logistics hub. Key benefits were outlined, such as easier entry into foreign markets, reduced or waived tariffs, simplified customs formalities, and clearly defined trade regulations. These agreements also aim to foster equitable market conditions and stimulate economic development through trade.
Commenting on the initiative, Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, said: “We are committed to supporting and empowering the members of Business Councils to benefit from promising investment opportunities that enhance the private sector’s ability to grow and expand both locally and globally. This initiative forms part of our ongoing efforts to raise awareness among the business community on the importance and strategic value of CEPA agreements, which serve as a key driver for increasing the competitiveness of the national economy and advancing cross-border trade and investments.”
The country-specific Business Councils working under the Dubai Chamber of Commerce continue to play a pivotal role in enhancing bilateral commercial ties. They actively support collaboration between Dubai-based firms and businesses from the regions they represent, contributing to the creation of strong, mutually beneficial economic alliances.