July 14, 2023
1 min read

UAE, France review growing economic ties

French minister said that France and the UAE enjoy privileged economic and trade relations, noting that the UAE is one of France’s key trading partners in the region…reports Asian Lite News

Abdullah bin Touq Al Marri, Minister of Economy, and Olivier Becht, Minister-in-charge of Foreign Trade, Attractiveness, and French Nationals Abroad, have reviewed the prospects of growing bilateral trade exchanges and advancing investments across various fields.

This came as the two ministers met in Abu Dhabi today in the presence of Nicolas Niemtchinow, the Ambassador of France to the UAE, and a number of officials from the French government, currently visiting the UAE.

During the meeting, ways of developing bilateral trade and stimulating investment exchanges in innovative startups, circular economy, tourism, technology, family businesses, renewable energy and agriculture during the next stage were discussed. The prospects of accelerating the existing partnership and economic cooperation between the UAE and France featured high during the meeting.

“The UAE-French relations are distinguished by a strong and sustainable strategic partnership across all fields and enjoy the support and forward-looking vision of the leadership of the two countries, especially in light of the high-level official visits exchanged by the two countries lately, notably that of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to France last May, which gives a clear indication of the desire of the two countries to boost their bilateral relations across various fronts,” Bin Touq said during the meeting.

For his part, the French minister said that France and the UAE enjoy privileged economic and trade relations, noting that the UAE is one of France’s key trading partners in the region.

He added that the French-Emirati Business Council, which was established recently, contributes to strengthening economic and trade cooperation between the two countries.

ALSO READ-50% EVs on UAE roads by 2050

Previous Story

Greece braces for first summer heat wave

Next Story

Senate panel recognises Arunachal as integral part of India

Latest from -Top News

Sharaa’s Saudi Trip Sparks Optimism

Experts believe that al-Sharaa’s trip to Saudi Arabia underscores the Kingdom’s strategic role in shaping Syria’s post-conflict transition..reports Asian Lite News Syrian interim President Ahmed al-Sharaa’s first official visit abroad since taking

Right groups slam Pakistan’s ‘draconian’ cyber law 

The controversial legislation, which criminalises “fake or false” information, has sparked criticism from rights groups, journalists, and civil society.  Human Rights Watch (HRW) has raised serious concerns over Pakistan’s recent amendments to

Jaishankar, UNGA Prez discuss UN agenda 

UNGA President Philemon Yang visits India for high-level talks with External Affairs Minister S Jaishankar, focusing on multilateral reforms and global cooperation.  External Affairs Minister S Jaishankar met Philemon Yang, President of
Go toTop

Don't Miss

UAE sends $100mn in aid to Turkey, Syria

The UAE humanitarian arm and a number of ministries have

Construction starts on Dubai’s first aerial taxi port 

The initiative is set to make Dubai the world’s first