July 14, 2023
1 min read

UAE, France review growing economic ties

French minister said that France and the UAE enjoy privileged economic and trade relations, noting that the UAE is one of France’s key trading partners in the region…reports Asian Lite News

Abdullah bin Touq Al Marri, Minister of Economy, and Olivier Becht, Minister-in-charge of Foreign Trade, Attractiveness, and French Nationals Abroad, have reviewed the prospects of growing bilateral trade exchanges and advancing investments across various fields.

This came as the two ministers met in Abu Dhabi today in the presence of Nicolas Niemtchinow, the Ambassador of France to the UAE, and a number of officials from the French government, currently visiting the UAE.

During the meeting, ways of developing bilateral trade and stimulating investment exchanges in innovative startups, circular economy, tourism, technology, family businesses, renewable energy and agriculture during the next stage were discussed. The prospects of accelerating the existing partnership and economic cooperation between the UAE and France featured high during the meeting.

“The UAE-French relations are distinguished by a strong and sustainable strategic partnership across all fields and enjoy the support and forward-looking vision of the leadership of the two countries, especially in light of the high-level official visits exchanged by the two countries lately, notably that of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to France last May, which gives a clear indication of the desire of the two countries to boost their bilateral relations across various fronts,” Bin Touq said during the meeting.

For his part, the French minister said that France and the UAE enjoy privileged economic and trade relations, noting that the UAE is one of France’s key trading partners in the region.

He added that the French-Emirati Business Council, which was established recently, contributes to strengthening economic and trade cooperation between the two countries.

ALSO READ-50% EVs on UAE roads by 2050

Previous Story

Greece braces for first summer heat wave

Next Story

Senate panel recognises Arunachal as integral part of India

Latest from -Top News

India, US Step Up Trade Talks

The development comes in the backdrop of the new US ambassador Sergio Gor taking charge in the US embassy is New Delhi….reports Asian Lite News India and the United States are progressing

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

Abu Dhabi Sustainability Week returns in January

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating

‘France not a hostage to UK’s migration policy’

The French Minister accused the UK of closing legal ways