UAE Australia trade hits USD 5.9 Billion

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UAE Australia trade — The UAE is Australia’s largest Middle Eastern trading partner.

Dubai Airport Freezone maintains and builds on the strong economic ties between the UAE and Australia. 

Dubai Airport Freezone (DAFZA) will host three seminars in Melbourne, Adelaide and Brisbane to enhance and build on the United Arab Emirates’ strong economic ties with Australia. The seminars will discuss the benefits of investing in Dubai, specifically DAFZA, and the seminars were organised by the Arab-Australia Chamber of Commerce in each state to promote business links and investment.

This comes at an appropriate time; In 2011-12 two-way merchandise trade between Australia and the UAE was worth over USD 5.9 billion. Of this, Australian exports to the UAE were nearly USD 2.22 billion, while imports were nearly USD 3.73 billion, including crude petroleum imports worth USD 3.19 billion.

Jamal bin Marghoob
Jamal Bin Marghoob, Director of the Marketing & Corporate Communications Department, DAFZA

Jamal Bin Marghoob, Director of the Marketing & Corporate Communications Department, DAFZA:

“As a facilitator of international trade, DAFZA actively works to attract Australian companies through various marketing activities and works closely with the Arab-Australia Chamber of Commerce. As a result, we have found that the number of Australia companies present in DAFZA has steadily increased, and there are currently nine Australian companies based out of the Freezone.”

Well known Australian brands, including Meat and Livestock Australia (MLA), Globally Fresh, and Barnetts Middle East, are currently based in DAFZA, which is conveniently located next to Dubai International Airport.

Additional to its prime location and attractive investment opportunities, international investors reap the benefits of dynamic growth through DAFZA’s tax exemption and foreign ownership policies.

 

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