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Dubai and US Discuss Furthering Trade

Dubai, UAE : 26 May 2010

A meeting between the US Consulate in Dubai and the Dubai Economic Council (DEC) has taken place to discuss ways in which to increase trade between the two countries, particularly mechanisms to improve financial credit offered by the US to business partners in Dubai.

Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports , President of the Dubai Civil Aviation Authority and Chairman and Chief Executive of the Emirates Group, who was attendance at the event, spoke of the US as being ‘the head’ of all the Emirate’s ‘partners’ and expressed hopes that the two countries would ‘take advantage’ of an increasingly open trading relationship.

Levels of trade have jumped up between the US and Dubai in the past ten years, from $1.6 billion in 2000 to $8.4 billion in 2009 and more than 1,100 US companies currently operate in Dubai.

Sarah O'Connell, Staff Writer, Gulf Jobs Market
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