Saudi Arabia and UAE are first and second respectively as trade partners of Latin American countries within the Gulf Cooperation Countries (GCC) in 2016, according to Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry. Buamim explained that Saudi Arabias trade with Latin markets in 2016 amounted to about $5.5 billion, while UAEs reached about $5 billion, according to data of UN Comtrade. Dubai Chamber CEO indicated that there is a promising room for growth in this trade especially in the field of agricultural and food products. He considered the issue of food security very important for the countries of the region. Buamim was speaking to Asharq Al-Awsat on the sidelines of the second Global Business Forum on Latin America entitled "Connect–Collaborate–Grow" on February 27-28 and organized by Dubai Chamber. He indicated that the forum will contribute to creating an additional platform to promote joint dialogue and establish future partnerships between regional and Latin countries. Dubai Chamber President stressed that Latin Americas markets have promising investment opportunities that business communities in the region can benefit from achieving profitable economic revenues. Buamim pointed out that investment companies will be keen to enter these markets and enhance their position, and it will be an opportunity for businessmen to invest in key sectors. This, he added, will allow a wider scope of possible joint cooperation to improve Latin companies in other markets. The conference is part of a series of Global Business Forums, organised by the Dubai Chamber of Commerce and Industry since 2012 to highlight new investment opportunities in emerging markets, including Africa, the Commonwealth of Independent States (CIS) and Latin America. It provides a platform for business communities to meet the challenges facing the markets and opportunities to benefit from optimal use of technologies to create practical solutions that enhance the economic performance of these markets. It is also a unique opportunity to listen to global leaders engage in inspirational, thought-provoking, and future-focused dialogues that shape the future of governments and business. The conference welcomes high-profile delegations from the region, including current and former heads of state, ministers, decision makers and experts to develop trade ties and propose solutions for current challenges. Fortune 500 CEOs are among the speakers at the conference, alongside other prominent leaders in business and investment from Latin America, the Gulf and across the world.