UK appoints new ambassador to the UAE to strengthen bilateral trade between both countries

The British Foreign and Commonwealth Office has announced that Philip Parham will succeed Dominic Jermey as British Ambassador to the UAE.

Mr Jermey’s appointment broadly coincided with the formation of the Coalition Government in the UK which, from the outset, signaled its intention to thicken relationships with the region in general and the UAE in particular. The sheer number of bilateral Ministerial exchanges since then is just one visible sign of this policy in action. However, as reported in The National newspaper, Mr Jermey is the first to acknowledge that there is always more that can be done. And Mr Parham’s appointment looks like another signal of intent to do exactly that.

Mr Parham’s private sector experience will be invaluable as he seeks to build on an already thriving commercial relationship. According to UK Trade and Investment, the UAE is the UK’s largest export market in the Middle East, and 12th biggest globally, with UK-UAE bilateral trade in goods and services for 2012 reaching £10.6 billion, an overall increase of 9.3 per cent on 2011. In the first nine months of 2013 exports of goods from the UK to the UAE were up 11 per cent on the same period in 2012.

The Links Group has been at the forefront of informing UK companies about commercial opportunities in Dubai through events such as that hosted at the Institute of Directors in London in February and its annual roadshow around the UK—both in partnership with the Foreign Investment Development Agency of the Dubai Government (Dubai FDI). The finishing touches are just being made to the next roadshow that will take place from 22-25 September – details to follow.

Most recently, The Links Group has also appointed Cris Martin St. Valery as a Consultant in the UK to take this work forward and to help British firms with their company formation plans in the UAE and Qatar. Cris can be contacted via The Links Group office in Dubai.

Meanwhile, The Links Group wishes Mr Jermey all the very best for his next diplomatic appointment and looks forward to working with Mr Parham and his team during the months and years ahead.

To read the news in The National, please follow this link: http://www.thenational.ae/uae/uk-appoints-new-ambassador-to-the-uae.

 

Dave Wells

Article by Links Group on Apr 27th 2014

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