UAE, Australia trade ties marching ahead
- 10 Apr 2023
Inayat-ur-Rahman, Business Editor
The UAE is Australia’s largest trade and investment partner in the Middle East. With $6.8 billion in two-way trade in 2020 (over $10 billion pre-COVID), the UAE is Australia’s 19th largest export market globally for goods and services.
The economic relations between both countries are based on solid foundations of trade and investment cooperation, as the volume of non-oil trade exchange between the two countries during 2016-2020 amounted to about US$15.7 billion, while the value of mutual investments between the two countries since 2003 exceeded US$5 billion.
Burzin Nanavatti, Director of FBP International told Gulf Today that the world is slowly but steadily recovering from the aftermath of the global pandemic however Australia is a bacon of hope and immigration radar for UAE residents.
“There is a travel demand for immigrants that ramp up the cosmopolitan cities of Adelaide, Sydney, Melbourne and Perth in Australia.”
“There’s more and more people from the UAE that are planning to migrate to Australia and reap the benefits of multiple citizenship, education, and health care services, and to enjoy the relaxed, work-life balance and family-friendly lifestyle. Nanavatti spoke at length about all the services the company provides and said, “With over 50 years of cumulative experience in the Australian immigration and settlement services field, the company also assists businessmen, investors, and Governments including but not limited to Kotak Urja, Reliance and the Government of Bhutan to invest and/or expand business in Australia.”
Yannick Weerts, Managing Director of Post Landing Documentation Clearing Services (PLSDCS), added, “We have worked with over 2000 clients that are predominantly based in the UAE, UK, India, and Australia. We now plan to become the market leader in the Australian immigration industry in the UAE, GCC and MENA region. We have recently moved into a larger premises and are actively hiring more people with the required skillset. Our USP is that PLSDCS in association with FBP International is the only company in the UAE with Australian Immigration Legal Practitioners and Settlement Experts.
FBP International, stepping into the 10th year of fulfilling your Australian Dreams With Ramadan festivities in the air, FBP International recently celebrated its ninth year on 21 March 2023.