UAE to Mauritania reached about 318 million dollars in 2017,

27 \ 04 \Media IN + Albayan  2018

Al-Mukhtar  Ould Ajay, Minister of Economy and Finance of Mauritania, confirmed the strong relations between his country and the UAE, revealing the recent signing of opportunities for UAE companies to invest in agriculture in Mauritania.

He said that the UAE is one of the main trading partners of Mauritania. The volume of exports from the UAE to Mauritania reached about 318 million dollars in 2017, an increase of 26% compared to 2016. Mauritania exports to the UAE amounted to about 7 million dollars in 2017. Trade between the two countries.

Al-Mukhtar Ould Ajay said that the Mauritanian government is taking great care to facilitate the investments of companies from brotherly countries such as the UAE in vital and priority areas such as agriculture in its comprehensive concept for the development of agricultural crops and animal products. He pointed out that the investments of UAE companies in Mauritania in general are proceeding at a steady pace, Agreement to protect and encourage investments between the two countries. He pointed out that these investments represent one of the activities witnessed by cooperation between the two countries in recent years, which covered many areas, not just the agricultural field.

The Mauritanian government has been able to improve the business climate during the last three years after 12 reforms were adopted to improve the business climate in the World Bank Group’s business classification, which enabled it to make progress with 26 rankings in this category. Power, ports and others.

“We are grateful for all the support that the UAE has provided and are still making to Mauritania, and are very pleased with the projects recently funded by the UAE in various areas of energy, investment in agriculture, air transport and other fields.