The Ministry of Investment of the United Arab Emirates signed a Memorandum of Understanding (MoU) with the China Council for the Promotion of International Trade (CCPIT) to establish the China–UAE Business Advisory Committee (BAC), a business-led platform designed to enable direct private sector engagement and strengthen investment cooperation and connectivity between the UAE and Chinese business communities.
The MoU was signed by Mohammad Abdulrahman Alhawi, Undersecretary of the Ministry of Investment, and Lin Honghong, Vice Chairwoman of the China Council for the Promotion of International Trade (CCPIT).
During the signing ceremony, Yousef Tahnon Al Ali, Board Member of the Federation of UAE Chambers of Commerce and Industry (FCCIUAE) and Vice Chairman of the Umm Al Quwain Chamber of Commerce and Industry, delivered remarks on behalf of the UAE business community.
The Committee will provide a regular, structured platform for dialogue between UAE and Chinese businesses and investors. It is designed to help identify investment opportunities, cooperation projects and business partnerships, while facilitating information exchange, business matchmaking and direct engagement between businesses. In doing so, it extends the government-to-government framework guiding bilateral investment cooperation into a dedicated channel for private-sector collaboration.
Acting as a federal gateway between the public and private sectors, the Ministry of Investment will support the Committee's work and facilitate its connection with the wider High-Level Committee framework, with FCCIUAE leading engagement and implementation on the UAE side.
In line with its mandate to facilitate investment and strengthen engagement with the private sector, the Ministry will help convene relevant stakeholders, support coordination across the investment ecosystem and create the conditions for businesses and investors to explore relevant investment opportunities across the UAE.
The MoU further reflects the UAE's commitment to building strategic international partnerships that deliver long-term value, while reinforcing the Ministry of Investment's mandate to attract and facilitate investment in high-growth sectors.
Source: WAM
