DMCC Welcomes President of Colombia to Dubai To Promote Bilateral Trade

Press release
Published November 7th, 2021 - 05:46 GMT
DMCC Welcomes President of Colombia to Dubai To Promote Bilateral Trade
During the event
Highlights
DMCC welcomed H.E. Iván Duque Márquez, the President of Colombia, along with a senior delegation of Colombian ministers and 50 Colombian business leaders

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – welcomed H.E. Iván Duque Márquez, the President of Colombia, along with a senior delegation of Colombian ministers and 50 Colombian business leaders, to discuss advancing bilateral trade between Dubai and Colombia.

The visit was marked by an event attended by over 100 stakeholders that connected senior Colombian public and private sector figures to their Dubai counterparts, as well as Colombian business leaders already based in Dubai. The event promoted collaboration on enhancing trade opportunities between the two countries.

Colombia is a key market for DMCC given the country’s deep experience within the coffee industry – Colombian coffee exports amount to over 780 million kg per year. Throughout the networking event, many Colombian business expressed interest in the DMCC Coffee Centre, with DMCC highlighting the benefits of using its services for the roasting, packaging, testing and global distribution of coffee.

DMCC is fast becoming a major hub for Latin American companies looking to expand in the region and access global markets. Particularly relevant to the Colombian market, DMCC recently announced plans to launch a state-of-the-art DMCC Cacao Centre as part of its vision to broaden the range of commodities it caters to. DMCC also recently announced the expansion of its Coffee Centre, tripling capacity to keep up with growing global demand.

Background Information

Dubai Multi Commodities Centre Authority

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai. We perform a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone.

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