DMCC COMPLETES SUCCESSFUL TRADE MISSION TO KYIV, UKRAINE TO HIGHLIGHT DUBAI’S TRADE ATTRACTION

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DMCC – the world’s flagship free zone and the Government of Dubai’s authority on commodity trading and business – has announced the successful completion of its inaugural week-long trade mission to Kyiv, Ukraine. Officially supported by the Ukrainian Chamber of Commerce and Industry and the Ukrainian Dubai Business Council, senior DMCC representatives spoke directly with representatives of major Ukrainian companies to shed light on Dubai’s business attractiveness and promote the ease of doing business with the world through the DMCC..

The trade mission – which saw DMCC host its flagship Made for Trade Live event – represented DMCC’s first official visit to Ukraine and was designed to highlight how, through DMCC, Ukrainian businesses can grow in the region and access to some of the most dynamic markets in the world. . To date, DMCC is home to almost 200 Ukrainian companies.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said, “Promoting the ease of doing business in the UAE and boosting trade flows to Dubai is a core part of our mandate at DMCC – showcasing the great potential that Dubai and DMCC have. to offer through such roadshows. With over 19,000 members, our business district continues to grow rapidly and, encouragingly, we are seeing growing interest from new markets. Ukraine’s strong economic growth is being driven by a good agricultural harvest, which is integral to DMCC’s future direction and development. Ukraine’s tech, IT, crypto and blockchain scene is one of the most impressive and fastest growing in Europe. Sharing updates on our member technology portfolio as well as the growing DMCC Crypto Center was well received. There are huge opportunities for collaboration in these critical economic sectors and maximizing this opportunity will be central to our efforts going forward..”

During the week, the DMCC met with senior officials from the Kyiv Chamber of Commerce, CEO Club Ukraine, Ukrainian Chamber of Commerce and Industry, Ukrainian Business Council and the Union of Ukrainian Entrepreneurs (UP). Strategic meetings were also held between DMCC and representatives of UNIT City Innovation Park, Blockchain Association of Ukraine, Blockchain Hub Kyiv, WTECH Ukraine, AVITAR and the Export Promotion Center of Ukraine . The Place Group and Quadrate 28 – both of which are Ukrainian DMCC member companies – were part of the Dubai delegation to Kyiv.

Dubai’s appeal to international businesses as a hub for expansion, given its strategic location and global connectivity, was discussed, as was DMCC’s position as a premier business hub. and gateway to global trade flows. The program also featured a keynote on the significant opportunities created for foreign businesses by Expo 2020 Dubai.

Gennadiy Chyzhykov, President of the Ukrainian Chamber of Commerce and Industry, added: “We are delighted to support DMCC in communicating the unprecedented opportunities Dubai has to offer for Ukrainian companies looking to expand in the region. As one of the most interconnected and fastest growing business districts in the world, we are confident that this collaboration with DMCC will help strengthen our business relationship with the UAE and lead to increased bilateral business opportunities. We look forward to opening doors for businesses in both countries to thrive and succeed..”

For more information on setting up a business in DMCC, please visit www.dmcc.ae/free-zone/set-up-a-new-company.

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