São Paulo – Last Wednesday (17th), the Dubai Chamber of Commerce and Industry (DCCI), in the United Arab Emirates, announced that export and re-export operations of its affiliated companies were up 7% in the first half this year from the first half of 2012. The information was released by the Emirates News Agency (WAM) .
According to the DCCI, export and re-export activities by its affiliate companies amounted to 145.2 billion dirhams (US$ 39.5 billion at current exchange rates) in the first half of 2013, as against 136.2 billion dirhams (US$ 37 billion) in the first half of 2012.
The highest monthly figure was recorded in May, when operations stood at 25.4 billion dirhams (US$ 6.9 billion), while January saw the lowest figure at 23.5 billion dirhams (US$ 6.4 billion). Dubai is an international trade hub which ships out both local products and goods imported from other countries.
In the first half this year, the DCCI issued 418,000 certificates of origin, up 12.2% from the same period in 2012. Issuance peaked in May and bottomed out in February.
According to WAM, 7,153 companies have become affiliates in the first half, up 5.5% from the first half of 2012. As a result, the total number of affiliates exceeded 145,000.
It is worth noting that the DCCI provides services which are carried out by different organizations in Brazil. It acts as a foreign trade chamber per se, issuing certificates of origin and certifies export papers, carries out commercial promotion actions and other foreign trade-related activities, but it also operates as a sort of trade association, trade board, arbitrage chamber, and as an issuer of papers for temporary imports of goods. In Brazil, some of these tasks are entrusted to government organizations.
The DCCI also analyses, reviews, and monitors bills of law; in the first half this year, 17 bills have undergone DCCI scrutiny. Furthermore, 417 trade disputes were filed with the DCCI for mediation.
The organization has also received 139 international delegations in the first half, up 15% from the first half of 2012. The DCCI took part in 29 events, in 22 cities in 20 different countries.
"This year Dubai Chamber is striving to promote Dubai in international business arenas and we are in the process of signing agreements with a number of global businesses to open their headquarters in Dubai, which we know will boost FDI, strengthen our business climate and enhance the competitiveness of our businesses in overseas markets," said the DCCI diretor-general, Hamad Buamim, according to WAM.
*Translated by Gabriel Pomerancblum
