Dubai needs creative trade initiatives into new markets

Dubai needs creative and effective initiatives to expand prospects of Dubai's foreign trade exchange and to explore more promising opportunities to help Dubai penetrate into new markets and broaden its base of trade partners, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy ruler of Dubai and Chairman of Dubai Executive Council, affirmed. Presiding over the Council meeting, Sheikh Maktoum urged the council members to live up to the vision of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum for the future of UAE trade sector and to inspire mechanisms that will deliver Dubai's great expectations for this vital sector. Sheikh Maktoum also called on government and non-government stakeholders to advance the transport and logistics sector as its plays a central role in energizing the emirate's economic and promotes its economic standing regionally and internationally. Sheikh Maktoum added challenges facing this sector should be diagnosed and handled in a way that ensure better management of potential obstacles.