Penny Pritzker gives a keynote address to over 400 top business executives, senior U.A.E. and U.S. government officials in Abu Dhabi.

Chambers of commerce host U.S. Commerce Secretary Penny Pritzker in Abu Dhabi as part of her trade mission to U.A.E.

: Monday, March 10 - 2014 @ 12:00

The Abu Dhabi Chamber of Commerce and Industry, AmCham Abu Dhabi, the U.S. Chamber of Commerce, and the U.S.-U.A.E. Business Council co-hosted an exclusive business event featuring a keynote address by U.S. Secretary of Commerce Penny Pritzker at The St. Regis Abu Dhabi Hotel, Nation Towers. Over 400 top business executives, senior U.A.E. Government officials, U.S. Embassy officials, and media attended the on-the-record event. VIPs included H.E. Mohamed Thani Murshed Al Romaithi, Chairman, Abu Dhabi Chamber of Commerce & Industry; H.E. Khalfan Saeed Al Kaabi, First Vice Chairman, Abu Dhabi Chamber of Commerce & Industry; and Victor Hurtado, Chargé D’Affaires, U.S. Embassy Abu Dhabi.

Secretary Pritzker is leading an Infrastructure trade mission of 21 U.S. firms looking for export opportunities in the U.A.E. This is the first visit of a sitting U.S. Secretary of Commerce with an accompanying trade mission to the Gulf region in 15 years. The mission highlights infrastructure export opportunities for U.S. businesses with an emphasis on project management and engineering (construction, architecture and design), clean and renewable energy (solar, wind, waste-to-energy), smart grid and energy efficiency, and environmental technologies (water/wastewater, air pollution control, and waste management).

“I am so pleased to be joined on this trade mission by 21 U.S. firms that are eager to partner with government and industry in Abu Dhabi,” said U.S. Secretary of Commerce Penny Pritzker. “The United States and our businesses truly value our strong commercial and economic ties with the Gulf region, and recognize that working together is a win-win. American companies have the expertise to help the U.A.E. achieve its vision of becoming an even more powerful global hub for business. And when U.S. firms sell their goods and services to new markets, the American economy stands to gain. I hope this trade mission will lead to many more mutually-beneficial relationships between our two nations.”

U.S. Commerce Secretary Pritzker delivered her keynote address following opening remarks by co-hosts Abu Dhabi Chamber of Commerce & Industry Chairman, H.E. Mohamed Thani Murshed Al Rumaithi, AmCham Abu Dhabi Chairman Matthew E. Byrd, U.S. Chamber of Commerce Executive Vice President and COO, David Chavern and U.S.-U.A.E. Business Council President, Danny Sebright.

“AmCham Abu Dhabi is honored to host Secretary Pritzker and members of her business delegation in the Emirate of Abu Dhabi. The timing of the visit is superb, as Abu Dhabi is growing and a great place for American business to focus their efforts locally and regionally,” said Matthew E. Byrd, Chairman of AmCham Abu Dhabi. “Secretary Pritzker’s agenda for increased global trade relations highlights the importance of U.S.- U.A.E. trade, which totaled a record of $26.9bn in 2013.”

His Excellency Mohammed Thani Murshid Al Rumaithi, Chairman of the Abu Dhabi Chamber of Commerce & Industry, emphasized the vitality and importance of the exceptional and strategic bilateral relations between the Emirate of Abu Dhabi and the United States, noting “Abu Dhabi’s unique standing in the regional business environment and the U.A.E.’s friendly ties with the U.S. provide us with a strong footing to build a solid economic partnership.”

His Excellency stated, “The visit of the U.S. Secretary of Commerce to the U.A.E. is a good opportunity to maintain this excellent bilateral cooperation. We believe that both our economies have the strength to forge many more long-term cooperation relations that help us achieve more in terms of trade and development.”

David Chavern, Executive Vice President and COO of the U.S. Chamber of Commerce commented, “The U.S. Chamber of Commerce values U.S.-U.A.E. trade and investment, and we are here because we want to both celebrate our bilateral relationship, and explore how we can take it to new heights. It is so important that leaders in the business communities and governments of both our countries work together to advance commercial and strategic partnerships. We look forward to continued collaboration with U.S. Commerce Secretary Penny Pritzker and our partner organizations here in the U.A.E. to achieve our shared goals.”

“Secretary Pritzker’s visit to both Abu Dhabi and Dubai during her inaugural trip to the Middle East provides a clear indication that the U.S. Administration views commercial ties between the U.S. and the U.A.E. as a cornerstone of the bilateral relationship,” said Danny Sebright, President of the U.S.- U.A.E Business Council. “With the planned visit of President Obama to the region later this month, the U.S. is clearly committed to strengthening and deepening our already close ties.”

In her remarks, U.S. Commerce Secretary Pritzker, highlighted the capacity of U.S. companies to help the U.A.E. meets its ambitious infrastructure investment goals.

For press inquiries contact:

AmCham Abu Dhabi, Abu Dhabi, U.A.E.: Ms. Nour Salman, Communications Manager, at +971 50 111 6142

U.S.- U.A.E. Business Council, Washington D.C., U.S.A.: Mr. Brian Principato, Director, at +1 202 863 7288

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Monday, March 10- 2014 @ 12:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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