Posted by Neil King
The Dubai Export Development Corporation (EDC) has confirmed plans to open its first overseas trade office in Germany as it looks to boost the international standing and competitiveness of UAE exporters.
Speaking at the EDC's 2010 Quarter 4 series of seminars, Saed Al Awadi, chief executive officer of the body, stated that the trade office would enable it to advise exporters, especially with regard to appropriate standards, while also building relationships with various foreign government departments and agencies, the Khaleej Times reported.
He also revealed that the EDC has signed a Tradelink partnership with the German Emirati Joint Council for Industry & Commerce aimed at enabling both sides "to capitalise on the strengths of foreign companies that are either based in Dubai, or those seeking a foothold in the region to extend their exports using the emirate as their export hub".
Mr Al Awadi noted that there are currently over 1,000 German companies in the UAE, with many using the country as their export base.
The EDC is an agency of Dubai's Department of Economic Development.