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Dubai Chambers said on 20 October it had signed two memorandums of understanding with the Greater Bay Area Importers and Exporters Association and the Guangdong–Hong Kong–Macao Greater Bay Area Entrepreneurs Alliance. The agreements aim to connect Dubai companies with counterparts in China’s Greater Bay Area and explore trade and investment opportunities.

The MoUs were signed during the Dubai Business Forum – China in Shenzhen. Dubai Chambers describes knowledge exchange, direct business communication and market opportunities as intended areas of cooperation. The announcement reports no signed commercial deals, investment value, trade target or implementation timetable.