UAE-France search for economic opportunities

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Abu Dhabi

Abdullah bin Touq Al Marri, Minister of Economy, and Olivier Becht, Minister in charge of Foreign Trade, Attractions and French citizens abroad, reviewed the development prospects. To enhance bilateral trade exchanges and investments in various sectors. This happened after the two ministers met today in Abu Dhabi in the presence of Nicolas Nimetchino, Ambassador of France to the UAE, and several French government officials who are currently visiting the UAE.

During the meeting, ways to develop bilateral trade and encourage investment exchanges in innovative startups, circular economy, tourism, technology, family businesses, renewable energy and agriculture during the next phase were discussed. During the meeting, the potential to accelerate existing partnerships and economic cooperation between the UAE and France prevailed. “UAE-French relations are distinguished by a strong and sustainable strategic partnership in all areas and enjoy the support and visionary approach of the leadership of both countries, especially in light of high-level official visits by both countries.” More recently, especially the visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to France last May, which signals the desire of the two countries to boost their bilateral relations on various fronts,” bin Touq said during the meeting said.

The French minister noted that France and the UAE enjoy privileged economic and trade relations, noting that the UAE is one of France’s major trading partners in the region. He noted that the French-Emirati Business Council, which was recently established, contributes to strengthening economic and trade cooperation between the two countries.