Media ININ Economy We Trust
Media IN DUBAI, 27th June, 2019 (WAM)
Sultan bin Saeed Al Mansouri, Minister of Economy, and Patrizio Fondi, Ambassador of the European Union, EU, to the UAE, discussed the development cooperation between the UAE and the EU, focussing on their development, economic, commercial and investment partnerships.
Their discussion took place during their meeting at the ministry’s headquarters in Dubai, where both sides exchanged their opinions on regional and international economic developments and the outcomes of this year’s European parliamentary elections.
They also discussed the UAE’s potential hosting of the Joint Emirati-European Commercial Business Council during the Expo 2020 Dubai, and the negotiations on free trade agreements between EU and Gulf Cooperation Council, GCC, countries.
The coming period will provide more opportunities to develop and diversify the partnership between the two sides in many areas, including tourism and energy, he further added.
Fondi highlighted the excellent bilateral relations and the growing levels of trade between the UAE and EU countries, which is supported by the confidence of European investors and companies in the UAE’s business environment.
He commended the current efforts of the EU Mission to enhance its existing partnerships with the UAE and the region’s other countries, and suggested the launch of a Joint Emirati-European Commercial Business Council next year in the UAE, as part of the activities of Expo 2020 Dubai, which will witness the participation of EU countries.
