30 November, 2019
Client Onboarding – MTG General Trading LLC
TCG has recently enabled another Argentinian entity to establish its regional presence in the UAE through our corporate solutions. The new entity is named MTG General Trading LLC.
Grupo MTG is based in Argentina and is strongly focused on International Trading and trade support. Their core competence lies in the commercialization of products in international markets. Having established an online export platform for helping sellers locate buyers from different international markets, Grupo MTG is one of the distinguished trading firms that provides trade consultancy and advisory services to product sellers across categories.
The interest exhibited by Grupo MTG in the UAE market reinforces the broader trade relations that have been positive between Argentina and UAE.
Argentina is Dubai’s seventh largest trading partner within Latin America, with bilateral non-oil trade exceeding Dh827 million ($225 million) in 2018, marking an increase of 21 percent compared to the Dh684 million ($186 million) seen in 2015. Foodstuffs, vegetable, and meat products were the top products traded between Dubai and Argentina in 2018 by total value (at $158 million), followed by chemical products ($23 million), and machinery and electric/electronic equipment ($12.8 million).
The Dubai Chamber also opened a representative office in Argentina earlier this year.
Grupo MTG envisages a strong trade return in a diversified portfolio of products in UAE, through their establishment of MTG General Trading LLC.