{"id":13529,"date":"2016-09-01T09:55:16","date_gmt":"2016-09-01T09:55:16","guid":{"rendered":"http:\/\/webdemodxb.com\/dafza-v3\/?p=13529"},"modified":"2022-03-02T20:10:43","modified_gmt":"2022-03-02T16:10:43","slug":"dafza-signs-landmark-mou-with-china-guangdong-pilot-free-trade-zone-nansha-area-to-strengthen-ties-between-asia-and-middle-east","status":"publish","type":"post","link":"https:\/\/www.dafz.ae\/en\/dafza-signs-landmark-mou-with-china-guangdong-pilot-free-trade-zone-nansha-area-to-strengthen-ties-between-asia-and-middle-east","title":{"rendered":"DAFZ signs landmark MoU with China (Guangdong) Pilot Free Trade Zone \u2013 Nansha Area to strengthen ties between Asia and Middle East"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13529\" class=\"elementor elementor-13529\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e90b347 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e90b347\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c3b5e6d\" data-id=\"c3b5e6d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-08b19b1 elementor-widget elementor-widget-text-editor\" data-id=\"08b19b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div><div>Dubai &#8211; MENA Herald: The Dubai Airport Freezone Authority (DAFZ) recently signed a Memorandum of Understanding (MOU) with China (Guangdong) Pilot Free Trade Zone (GDFTZ) \u2013 Nansha Area of Guangzhou (Nansha FTZ), which is aimed to further enhance bilateral cooperation between the two parties. The landmark agreement was signed by Nasser Al Madani, Assistant Director General, DAFZ and Pan Yuzhang, General Director of the General Affairs Office of GDFTZ and the Chief Economist of the Administrative Committee of the Nansha Economic and Technological Development Zone, in the presence of He Zhongyou, Vice-governor of Guangdong Province; Zheng Jianrong, Director General of the Commerce Department of Guangdong Province; Amna Lootah, Assistance Director General \u2013 Finance and Commercial, DAFZ, and other senior officials from both sides.<\/div><br \/><div>The MoU signing was attended by the CEOs of several multinational corporations that were participating in the recently held China (Guangdong) Pilot Free Trade Zone Multi-National Corporation Summit in the Nansha District of Guangzho, the capital and largest city of Guangdong Province in southeastern China, under the theme \u2018New Rules, New Concepts, New Opportunities: The Construction of the Pilot Free Trade Zone and the Development of Multinational Companies. The event was attended by senior representatives from the Government of Guangdong and CEOs of multinational corporations like Toyota, Eton, L&#8217;Oreal, as well as other international companies.<\/div><br \/><div>Under the terms of the MOU between DAFZ and Nansha FTZ, both parties will collaborate on expanding bilateral trade exchange; promote mutually-beneficial investments and business partnerships as well as cooperation in information technology, cross-border e-commerce and shipping logistics; exchange expertise and experiences in planning, strategy, general operations and employment models; and engage in other areas of cooperation they jointly agree on. This strategic agreement will help in further advancing the implementation of China\u2019s Belt &amp; Road Initiative, a development strategy launched by the Chinese Government to foster economic cooperation among countries along the proposed Belt and Road routes. The strategy has aided the countries engaged in the initiative in achieving USD 100 billion as value of cooperation.<\/div><br \/><div>DAFZ\u2019s agreement with Nansha FTZ will consolidate their respective strengths as leading free trade zones to mutually pursue business and investment growth. It also positions DAFZ as a major contributor to the Belt &amp; Road Initiative which aims to extend China\u2019s global commercial ecosystem and reenergize the trade routes of Central and West Asia, the Middle East, and Europe.<\/div><br \/><div>The new partnership complements the promotion of the strengths of DAFZ as an effective trade and economic partner for the business community and for global investments, particularly with China and the rest of Asia. This complements DAFZ\u2019s own ongoing global expansion strategy to reach new and promising markets as part of efforts to drive economic growth in Dubai and the UAE.<\/div><br \/><div>After the signing ceremony, DAFZ delegates toured the Guangzhou Nansha Economic and Technological Development Zone to examine the Nansha port and learn more on the most important services and facilities offered as well as its expansion plans and the strategic role it plays in supporting China Belt &amp; Road Initiative. The delegation also visited Pearl Bay Museum \u2013 Nansha\u2019s future museum that embodies the Nansha 2025 Plan to become a focal area of the \u2018Silk Road\u2019 through the outlets and commercial infrastructure and innovative aspirations, which is backed by Nansha\u2019s geographical and strategic features that can address the growing needs of the community\u2019s business and investment activities in Asia and the rest of the world.<\/div><br \/><div>The delegation concluded its visit with a better understanding of the Chinese experience in the e-commerce sector, led by the Nansha FTZ through its high efficiency work and innovative technology, in addition to individual logistics services and operating innovative models.<\/div><br \/><div>China is one of DAFZ\u2019s targeted markets under its ongoing international expansion efforts. DAFZ host several major Chinese brands such as CNOOC, COSL Middle East FZE, Sinochem Corporation, and China Southern Airlines.<\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Dubai &#8211; MENA Herald: The Dubai Airport Freezone Authority (DAFZ) recently signed a Memorandum of Understanding (MOU) with China (Guangdong) Pilot Free Trade Zone (GDFTZ) \u2013 Nansha Area of Guangzhou (Nansha FTZ), which is aimed to further enhance bilateral cooperation between the two parties. The landmark agreement was signed by Nasser Al Madani, Assistant Director&#8230;<\/p>\n","protected":false},"author":17,"featured_media":13530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DAFZ signs MoU with China Pilot Free Trade Zone<\/title>\n<meta name=\"description\" content=\"DAFZ recently signed an MOU with China Pilot Free Trade Zone which is aimed to further enhance bilateral cooperation between the two parties.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dafz.ae\/en\/dafza-signs-landmark-mou-with-china-guangdong-pilot-free-trade-zone-nansha-area-to-strengthen-ties-between-asia-and-middle-east\" \/>\n<meta property=\"og:locale\" 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