Pro Ecuador holds networking breakfast event to boost F&B opportunities
A networking breakfast event dubbed ‘Experience Ecuador… Love Life!’ was organised by Pro Ecuador – the trade and investment promotion agency of the Ecuadorian Ministry of International Trade – to provide UAE companies with growing opportunities that Ecuador has to offer to the food and beverage industry. The event was a platform for Latin America’s fastest growing economy to link the UAE, regional and international business organisations with Ecuadorian companies.
Held at the Bubble Lounge of the World Trade Centre in Dubai, the networking event was attended by Ecuador’s Minister of International Trade, His Excellency Francisco Rivadeneira who is in the UAE to discuss bilateral trade.
Key speakers at the event included His Excellency Sami Al Qamzi, Director General, Dubai Department of Economic Development; His Excellency Kabalan Abisaab, Ambassador of Ecuador in Qatar; Antonio Ruales, Executive Director, PRO ECUADOR; Adil Al Zarouni, Senior Vice President, Jebel Ali Free Zone (JAFZA); and Saed Al Awadi, CEO, Dubai Exports, the exports promotion agency of DED.
“The Ecuadorian government is supporting our local companies by opening new markets for business opportunities. The UAE is one of our key trade partners in the Middle East having witnessed a growth of 8.1% in non-oil exports from Ecuador last year compared to 2012,” said H.E. Rivadeneira.
“We are grateful to the far-sighted vision of the UAE Government and its Rulers and the extended and warm handshake provided to Ecuador to increase its global trade footprint. The recent surge in F&B trade between UAE and Ecuador underscores the enhanced nature of ties brought about by our physical presence and trade facilitation services here in Dubai since 2012, through the Pro Ecuador Commercial Office,” he added.
Over 150 local, regional and international companies and traders, as well as food and beverage producers and manufacturers from Ecuador were present at the event, which also featured a live cooking demonstration by the first Ecuadorian chef in the UAE, Galo Guerron, and folkloric dances from Ecuador.
“Trade between Ecuador and Dubai during the first nine months of 2013 stood at 29.3 million dirhams, with exports and re-exports accounting for almost 15 million dirhams. In fact, our current trade volume calls for innovative approaches and substantial groundwork, to capitalise on existing opportunities. With our bilateral trade potential and cultural relations that bind our people we can make significant achievements together,” said His Excellency Sami Al Qamzi, Director General of DED.
“The policy focus of Dubai government and its emphasis on public-private partnerships are encouraging major international firms to use Dubai as a platform for growth and expansion. Dubai also has a vibrant food sector that is a major component of its foreign trade. It’s therefore commendable that Pro Ecuador has chosen Gulfood, the region’s premier event for the foods sector to showcase their strength and connect with the local trade,” added Al Qamzi.
Ecuador has one of the highest GDP growths in Latin America of an average 5% and has substantially pushed and diversified its economy in recent years. The country is continually looking to increase its trade relations and expand export opportunities for its quality food products in the Middle East.
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