Media ININ Economy We Trust
Media In + WAM October 26, 2018
His Excellency Abdullah bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade, said that the trade and investment relations between the UAE and the People’s Republic of China are witnessing great growth and acceleration in light of the comprehensive strategic partnership between the two countries.
He pointed out that there are many indicators that reflect the strength of this partnership. China is the largest trading partner of the UAE in 2017 with a total trade exchange of about US $ 53.3 billion and a growth of 15% over 2016. The UAE accounted for 30% Arab countries, and 22% of the total Arab-Chinese trade during 2017.
This came during his two-day meeting at the Ministry of Economy in Dubai attended by Hind Al-Huha, Director of Investment Department, Bader Al-Mashrekh, Director of the Department of Trade Organizations and Policies at the Ministry, and two large trade delegations from the People’s Republic of China. Priority sectors and promising opportunities, while discussing ways of expanding opportunities for cooperation and existing partnerships and establishing mutually beneficial investment projects.
He received a delegation from the ACFIC, which was headed by HE Li Zhaoxian, Vice President of the Federation. It includes hundreds of leading companies from all over China, including manufacturing, automotive, pharmaceutical, iron and steel, mining, electrical and electronic equipment, and foreign trade. Environment and others.
