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Trade between the UAE and China will grow to $ 70 billion by 2020

Media In – Abu Dhabi, July 19,

2018 The UAE Council of Overseas Investors (EIPA) described Chinese President Xi Jinping’s visit to the UAE as translating a strategic partnership based on trust, transparency and innovative energies capable of maximizing the great opportunities of the two economies. Dr. Jamal Al-Jarwan, Secretary-General of the Council, said that the studies carried out by the Emirates Council for Overseas Investors by virtue of its competence in providing advice, investment advice and classification of foreign markets showed China’s top priority for UAE investments. He pointed to a steady increase in the growth rate of trade between the two countries. Worth the ceiling of seventy billion dollars by the end of 2020. It is noteworthy that the Emirates Council for Investors Abroad – which is mandated to support investment decision-making in the State and explore safe investment opportunities abroad – includes about 20 major national institutions expanding the number and is the Board of Directors, which is headed by the Minister of Economy, Ministries of Foreign Affairs, International Cooperation, Economy and Finance.

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