UAE delegation focusses on shared vision and business opportunities in Denmark

COPENHAGEN, — A high-level UAE delegation headed by Minister of State, Dr. Sultan Ahmed Al Jaber, on Wednesday explored trade and development opportunities with Danish government officials and business leaders.

The delegation included representatives of the Dubai Chamber of Commerce and Industry, DCCI, Emirates Airlines, DP World, Emirates NBD, Etisalat, Siemens, Roads and Transport Authority, RTA, Dubai Electricity and Water Authority, DEWA and Masdar.

The contingent comprising government, business and Expo 2020 Dubai officials met leading members of the Danish business community in Copenhagen.

The UAE and Denmark enjoy long-standing close cultural and trade relations and have a shared commitment to sustainability. Since 2014, the two countries have been working closely on a strategic framework for sustainable development in line with the Expo 2020’s sub-themes of sustainability, mobility and opportunity.

“Denmark has shown an unwavering commitment to sustainability and to promoting commercially viable sustainable solutions. The Expo 2020 Dubai will provide an ideal platform for Denmark to showcase its innovations in this arena, as well as to explore multiple business opportunities across a variety of sectors within the region and with other participating countries,” Dr. Al Jaber said.

The next World Expo, which will be held in Dubai from 20th October, 2020, to 10th April, 2021, will be the first to be staged in the Arab world and the Middle East, Africa and South Asia, MEASA, region. Around 70 percent of visitors are expected to come from overseas, the highest proportion in the 166-year history of World Expos.

Dr. Al Jaber was joined in Denmark by Majid Al Ghurair, Chairman of the DCCI, Hassan Al Hashemi of the DCCI, and senior members of the Expo 2020 Dubai executive team.

The delegation also met Gretchen Watkins, CEO of Maersk Oil and Karsten Dybvad, the Director-General and CEO of the Confederation of Danish Industry (Danski Industri).

The delegation completed their visit with a roundtable discussion on sustainable development with representatives from Danish business groups, including Vestas Wind Systems and Dong Energy.

The meetings rounded off three-day tour of Nordic trading partners following visits in the preceding days to Norway and Finland.

The World Expo will be the ideal platform for Denmark to connect with the world. The Expo 2020 Dubai expects to bring together more than 200 participants, including nations, corporations, NGOs, academic institutions and multilateral organisations. Countries can display their achievements, share knowledge, win investment, forge trade agreements, attract tourism, build new partnerships and promote international co-operation.

It will be an opportunity to showcase the best of Danish exports to a huge audience, not least from the MEASA region, which includes 72 countries with a combined population of nearly three billion people and a total GDP of US$6 trillion (DKK 40.2 trillion).

Small and medium-sized enterprises, SMEs, have also been earmarked for particular focus with 20 percent of the Expo’s overall budget, equating to around US$1.6 billion (DKK10.7 billion), set aside for contracts for them.

Danish businesses can also take advantage of a procurement process that is based on three principles simplicity, transparency and inclusivity. Anyone from around the world can participate in the tendering process with some 15,000 companies from 123 countries already registered on the procurement site. This year alone, contracts totalling in excess of $3 billion (DKK20.1 billion) will be awarded by the Expo.

Source: Emirates News Agency