The Netherlands is an important trading partner to Dubai, and relations between the two economies have gone from strength to strength in recent years thanks to the bilateral strategic cooperation agreements, high-level visits, and increased business exchange.
Bilateral non-oil trade amounted to $2.4 billion in 2019, marking a growth of over 33 percent compared to 2011. Meanwhile, the number of Dutch companies registered with Dubai Chamber has increased steadily to exceed 300, reflecting Dubai's position as a global hub for trade and investment.
This progress would not have been possible without the support of the Netherlands Business Council, which has done an outstanding job representing the Dutch business community in Dubai.
Dutch businesses are well-represented across various industries in Dubai and play a crucial role in supporting the emirate’s transition to a knowledge-based economy. Much like the Netherlands, Dubai has positioned itself at the forefront of innovation, partly by securing global partnerships that have brought cutting-edge technologies to the market and driven economic progress.
We see the Netherlands as an ideal partner in this regard, while we also recognize the many synergies shared by Dutch companies and their counterparts in Dubai. Dutch businesses can offer their valuable expertise in sustainable solutions, while Dubai can provide the right competitive advantages and a business-friendly environment that can help them thrive and grow.
For its part, Dubai Chamber has been working closely with the Netherlands Business Council to promote and strengthen our cooperation through various initiatives. A strategic agreement signed by Dubai Chamber and the Netherlands Chamber of Commerce has advanced our ongoing efforts to build new partnerships between business communities in the Netherlands and Dubai.
Through our combined efforts, I am confident that we can take Dubai-Dutch trade ties to the next level, align our strategic ambitions and create a more prosperous future.