• High-level forum will address wide range of timely issues and topics, such as the Covid-led digital transformation of Latin American a economies, growing startups ecosystems, regional economic integration, fiscal reforms, infrastructure development, economic diversification and food security. 

Dubai, UAE: As Latin American and Caribbean countries begin to emerge from the pandemic, public and private sector stakeholders in these markets are increasingly looking to build and strengthen economic partnerships and boost international cooperation, and such prospects will be a key focus of the fourth edition of the Global Business Forum Latin America (GBF LATAM) in Dubai.

Taking place March 23-24th, 2022, and organised by Dubai Chamber  of Commerce in partnership with Expo 2020 Dubai, the high-level forum takes a closer look at new business opportunities emerging across promising Latin American and Caribbean markets as the dynamics of global trade continue to evolve during the pandemic.

Part of the Chamber’s flagship Global Business Forum series, GBF Latin America 2022 is held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Hosted at Expo 2020 Dubai, the forum brings together government officials, economic experts and business leaders to discuss a wide range of topics and issues such as existing synergies between the UAE and the Latin America and Caribbean markets, the Covid-led digital transformation of economies, increased focus on startups ecosystems, regional economic integration, fiscal reforms, infrastructure development, economic diversification and food security.

“Despite the challenges posed to Latin American and Caribbean countries in the wake of the pandemic there have also been huge growth opportunities that businesses are capitalising on from a trade and investment perspective, especially within the areas of digital economy, e-commerce, logistics, food security, technology, infrastructure, healthcare and education,” said H.E. Hamad Buamim, President & CEO of Dubai Chambers.

“At the same time, we are seeing growing interest from Latin American and UAE companies to explore global growth opportunities as they look to enhance supply chain networks and build new partnerships that support sustainable growth,” H.E. Buamim added.

The GBF Latin America 2022 at Expo 2020 Dubai is the ideal platform to explore such prospects, he explained, as the largest platform of its kind bringing together key public and private sector stakeholders to connect, collaborate and explore new avenues of economic cooperation.

Taking place under the theme Towards a Resilient Future, sessions at the two-day forum are being grouped under three pillars: Reform, Empower, Grow, each taking a deep dive into aspects of how to prepare economies for a vibrant post-pandemic era.

Sessions on day one of the forum will cover the need for Latin American and the Caribbean economies to diversify, with countries in the region heavily dependent on tourism and commodity exports, both of which have been badly impacted by the pandemic. The experience of the Gulf Region’s efforts over the past 30 years to successfully reform and diversify to deliver rapid growth will be highlighted.

Sessions will examine the benefits of a building boom in a number of Latin American economies, with Brazil planning the construction of highways, railways and airports on the back of USD 50bn in investment in concession projects by the end of 2022 and the announcement from Mexico’s national infrastructure programme of two stages of projects totalling around USD 26bn, with two additional stages expected by 2024. The session will examine how these and other infrastructure projects will expand opportunities for trade with the GCC.

Session on day one of the forum will examine topics such as the growth and ambitions of digital economies in Latin America and the UAE, prospects for bilateral cooperation in the fields of technology and food security and the role of SMEs and startups in driving Latin America’s next phase of growth and development.

Day two of GBF LATAM will examine how the pandemic has pushed the growth of digital finance, with a new generation of fintechs democratising banking in Latin America and the Caribbean, the need to boost supply chains and market gaps in the logistics sector in Latin America and the Caribbean, the benefits that Dubai’s World Logistics Passport offers to Latin American traders, and the emergence of hubs such as Jamaica for logistics, Barbados for finance and Trinidad & Tobago for energy hub. In addition, sessions will examine how Dubai can support Latin American companies as a global gateway to Africa and Asia, as well as the vast competitive advantages that the emirate offers foreign companies and investors.

As the Official Business Integration Partner for Expo 2020 Dubai, Dubai Chamber of Commerce is organising a series of high-profile business forums and events at the world Expo. GBF LATAM 2022 is the third Global Business Forum to be held in conjunction with Expo 2020 Dubai, with GBF Africa held in October and the first-ever GBF ASEAN hosted in December.

-Ends- 

About Dubai Chambers 

Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, providing innovative value-added services and access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber and the formation of three chambers for the emirate, namely, Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under Dubai Chambers. 

About Expo 2020 Dubai

Explore new frontiers, embrace the opportunities, and join the making of a new world at Expo 2020 Dubai – a six-month celebration of creativity, innovation, human progress, and culture running from 1 October 2021 until 31 March 2022. www.expo2020dubai.com   

Follow the Global Business Forum on: 
https://www.facebook.com/DCGBForums/ 
https://twitter.com/DcgbForums
https://www.linkedin.com/showcase/dubai-chamber-global-business-forums/ 

For more information, please contact:
Ruba Abdel Halim
Manager, PR & Corporate Communications
Email: ruba.halim@dubaichamber.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2022

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.