The open trade and investment-conducive policies adopted by UAE government have reflected positively on the ambitious transformational development drive adopted by the country, according to Sultan bin Saeed Al Mansouri, Minister of Economy.
The minister made the statements during his participation in the China First International Import Expo, during which he met with the deputy prime minister of Uzbekistan, Minister of Trade of Kenya, and trade ministers of Egypt, Switzerland, Mexico, Costa Rica and Armenia. He commended the keenness of the participating countries to accelerate trade exchanges through a number of cooperation arrangements and agreements with the UAE, which he attributed to the great strides made by the government in terms of boosting industrial capabilities and competitiveness as per best international practices.
In the meantime, the minister visited the premises of the Abu Dhabi Polymers Company Limited (Borouge) in Shanghai and had firsthand knowledge of the milestones made by the company in the Chinese market. He was briefed by the company's executives on its value-added products across all sectors, including healthcare, automotive industry, electricity, electronics, and agriculture, and other products which get a significant share in China and neighboring countries.
The minister also toured the stands of a number of Emirati companies participating in the showcase, including Etihad Airways, lauding the significant role played by the company in strengthening UAE's trade relations with China and with other countries of the world.
The minister was accompanied by Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, Rashid Matar Al Qamzi, UAE Consul-General to Shanghai, Saleh Al Hameiri, Consul-General to Beijing and a handful of officials from the ministry and the UAE embassy in China.
Source: UAE Ministry of Foreign Affairs