Dubai Airport Freezone Authority (DAFZA), one of the UAE’s leading free zones, has further strengthened its ties with China through a series of initiatives focused on expanding bilateral trade and investment this year. This includes a senior government delegation visit from China that was welcomed by H.E Dr. Mohammed Al Zarooni, Director General for DAFZA. He met Mr. Qian Keming, Vice Minister of Commerce of People’s Republic of China along with other senior officials and representatives from DAFZA and World Free Zones Organization (WFZO) in which they set out strategies and new approaches for planning, managing and operating free zones.

Other strategic initiatives include DAFZA recently signing a new partnership with Liaoning Chamber of Commerce UAE. The Memorandum of Understanding (MoU) will increase the collaboration between the two organizations and will help create new business and investment opportunities with Liaoning province.

DAFZA also previously signed an MoU with China (Guangdong) Pilot Free Trade Zone (GDFTZ) – Nansha Area of Guangzhou (Nansha FTZ) and hosted roadshows in the Shenzhen province and Guangzhou in China during April 2018. The roadshows led to a significant amount of new company appointments with several high potential leads for new companies looking to invest in DAFZA.

HE Dr. Mohammed Al Zarooni commented: “The UAE and the Republic of China have held strong strategic relations politically, economically and culturally since the mid-1980s. The governments of both countries have sought to build on these relations ever since, with the UAE recognizing China as one of the most prominent economic force in the Asian continent.

“It was a pleasure to welcome Mr. Qian Keming and his colleagues from the Ministry of Commerce as we continue to strengthen ties between us and look for new ways to collaborate. We see tremendous growth opportunities in a number of sectors including electronics, logistics, e-commerce and medical services and products,” added Al Zarooni.