On March 23rd, Ali Obaid Al
Dhaheri, UAE Ambassador to the People’s Republic of China, and Mr.
Saleh Altheeb Alhemeiri, Director of Economic and Trade Division
of the Embassy of UAE in China.JUMORE Chairman Lu Hongxiang met
with them and they had in-depth discussions on cooperation between
JUMORE and UAE and other Islamic states in bilateral and
multilateral trade,digitalization-driven trade upgrading and trade
of bulk commodities.
UAE Ambassador to China and
JUMORE Chairman exchange views on cooperation
During the meeting,Chairman Lu
Hongxiang elaborates on JUMORE history, development and major plans at
this stage.They exchange views on planning for JUMORE business
operation in the UAE. Dr. Ali Obaid Al Dhaheri lauds JUMORE
model,believing that the two sides have many opportunities for
cooperation in various fields,and he is willing to do his effort to
boost cooperation between JUMORE and the UAE and other Islamic states.
Lu Hongxiang says, Arab States
are important partners in the Belt and Road development, and also big
producers of energy and chemicals. JUMORE is willing to make every
effort to facilitate cooperation in centralized procurement in Arab
countries,trade,finance and technology.JUMORE is taking active
measures in building digital trading platforms with foreign
countries,and takes Dubai as the pilot city of choice in the Middle
East. In addition,JUMORE is planning on setting up a localized
business center in the UAE,in the hope of furthering its cooperation
with Islamic countries and regions, and realizing innovation-driven
trade growth through digitalization for China and Islamic states.
They mention that,China is the
second largest trading partner of the UAE, and the UAE acts as the
window for China to export to markets in the Middle East region.
Export to the Middle East via the UAE accounts for 60% of the total
volume to this region.UAE is a major oil producing country for the
whole world, it has huge reserves of oil, gold,iron ore. There is big
room for Sino-UAE cooperation. As a cross-border e-commerce platform
serves the whole industrial chain and specializes in the trade of all
categories of bulk commodities,on the one hand,JUMORE could align
premium resources of the UAE with China and even global markets, on
the other hand, promote all-around cooperation between China and the
UAE in the field of infrastructure
construction,finance,digitalization-driven transformation, in this
way, lifting the bilateral trade to new heights,and realizing win-win outcomes.
It is worth mentioning that, the
UAE plays an important role in geographical term as it acts as a hub
for China to connect with Middle East,Europe and Africa.UAE has become
an area of conjunction to attract international enterprises to
participate in recreating global value chains. Therefore, cooperation
between JUMORE and UAE will help Chinese enterprises explore markets
in the Middle East,Europe and Africa,and better prepared for global competition.