Africa - UAE, Commercial ties (By Sylodium, international trade directory)

The relations and commercial ties between the UAE and the Common Market for Eastern and Southern Africa (Comesa) are on course and will increase in the next five years, said the secretary general of the free-trade bloc. A large part of the UAE's trade with Africa is with Comesa, and the country was the bloc's seventh biggest partners in 2011 with bilateral trade of $9.7bn, with investors include DP World, which operates ports in Egypt and Djibouti, and Etihad Airways, which has a 40 per cent stake in Air Seychelles. According to the Comesa office, would offer companies exporting to the bloc access to trade credit insurance services through the African Trade Insurance Agency, a multilateral insurer. It would also help to promote opportunities to sovereign wealth funds, private equity funds and banks for investing in infrastructure projects in Comesa. Such openings will be highlighted at the Africa Global Business Forum, planned for May 1 and May 2 in Dubai. Comesa is a co-organiser of the event with the Dubai Chamber of Commerce and Industry. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Abu Dhabi (UAE) - Cape Town (South Africa), Dubai (UAE) - Addis Ababa (Ethiopia) or any city around the World.