Dubai Multi Commodities Centre (DMCC) has signed a Memorandum of Understanding (MoU) with the Katowice Special Economic Zone (KSEZ) aimed at creating new business opportunities between the UAE and Poland.
The agreement will see DMCC and KSEZ work closely together to exchange knowledge and professional expertise, in turn further connecting the two countries’ business communities and supporting the growth of enterprise and trade relations.
The MoU was signed by Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, and Janusz Michałek, PhD, President of the Board, Katowice SEZ Co.
Bin Sulayem said: “With an ever-strengthening bilateral relationship, there is a significant opportunity to deepen ties between Poland and Dubai. This was the core goal of our recent Made for Trade Live roadshow event in Warsaw, and is exactly what we will achieve through this agreement with Katowice Special Economic Zone. We look forward to working together over the coming years to open up opportunities for Polish enterprises seeking expansion through Dubai.”
DMCC has played a significant role in enhancing UAE-Poland commercial relations and is currently home to over 40 leading Polish businesses, which use the free zone as a hub for doing business and trading with countries around the world.
Michałek added: “The symbiotic partnership between DMCC and KSEZ presents companies in both business districts with new ways to connect and engage with international peers. Through this MoU, we’re proud to be playing a role in driving the growth of the Poland-UAE relationship.”
Poland is an important growth market for businesses in Dubai and DMCC. For nearly a decade, the UAE has been Poland's largest economic and trade partner in the Arab world. Non-oil trade between the two countries totalled $1.3 billion in the first nine months of 2022.
This collaboration agreement comes just a few months after Bin Sulayem and DMCC successfully concluded their first official visit to Warsaw as part of DMCC’s flagship Made for Trade Live roadshow. DMCC explored bilateral opportunities and held discussions with several businesses and trade associations to enhance collaboration in key areas such as technology, telecommunications, and financial institutions.-- TradeArabia News Service