Media ININ Economy We Trust
Media In – Dubai – 29 September 2018 / WAM /
Minister of Economy Sultan bin Saeed Al Mansouri said that the UAE enjoys good trade relations with the Republic of Angola and that the UAE is keen to expand the framework of economic, trade and investment cooperation with the Angolan side in various sectors of common interest. During the meeting, the two sides discussed the opportunities and possibilities of cooperation and exchange of experiences in a wide range of sectors that are a priority on the economic agenda of the two countries, notably energy, renewable energy, air transport and logistics including the development and operation of ports and airports. To the sectors of agriculture, food industries, fisheries and livestock, tourism investment and mining. Eng. Sultan bin Saeed Al Mansoori said that the chances of boosting the trade partnership between the UAE and the Republic of Angola are wide and varied as the non-oil trade exchange between the two countries increased by the end of 2017 to about 1.6 billion dollars compared to 1.15 billion dollars in 2016 with a growth rate of 38% “He stressed the existence of great potential to achieve more trade exchanges in light of the promising opportunities offered by the markets of both countries, and the common desire to upgrade trade relations to higher levels. He also highlighted the importance of cooperation in the tourism sector, including tourism investment and the establishment of projects that serve the tourism infrastructure in Angola, as well as exploring ways of exchanging tourism, taking advantage of the UAE’s position as a vital air transport center. It received more than 123 million passengers through its airports in 2017. Which enhances the prospects for partnership and connectivity with the global tourism and travel markets.
