Egypt Zones accountACCOUNT

UAE, China Discuss Economic and Trade Cooperation

Source: www.export-egypt.com 7/11/2015, Location: Middle East

Share |
Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy-Foreign Trade sector has met with Luo Huining, Communist Party Chief of Qinghai Province and his accompanying delegation at the ministry's headquarters in Dubai.

During the meeting, the two sides discussed strong bilateral relations spanning over 35 years between the UAE and China.

They tackled ways to enhance cooperation to develop trade bonds between the UAE and Chinese Qinghai province as well as participating in all its trade events. Al Saleh underscored that the existing and future investment and trade cooperation with Qinghai would contribute to increase the trade exchange level between the UAE and China.

He noted that the bilateral trade between the UAE and China is growing at 16 percent annually, stressing that China is the UAE's second largest trade partner as trade volume between the two countries stood at $54.8 billion in 2014.

He also added that there are more than 300,000 Chinese nationals who are working and living in the UAE, in addition to over 4200 Chinese companies, 356 trade agencies and more than 2500 Chinese Trade labels registered to the ministry. Al Saleh invited the visiting delegation to attend the sixth edition of the Annual Investment Meeting 2016 in Dubai.

On his part, Luo Huining expressed his country's keenness to develop bilateral economic ties with the UAE, noting that the visit will be followed by a number of visits to bolster cooperation. He said that the visit has contributed to briefing the delegation on a number of Emirati experiences, especially in administrative missions of government, lauding the notable development witnessed by the UAE under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.

At the end of the meeting, the Chinese delegation affirmed its desire to arrange a visit for UAE investors to Qinghai province in the near future. They also invited the Ministry of Economy officials to visit Qinghai province.

Financials and Investment News in United Arab Emirates >>

Egypt >>  11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
Egypt >>  11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...

Egypt >>  11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...

Egypt >>  11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.

The Cabinet is set to add...





United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 |

More News

Oil & Gas Companies in United Arab Emirates >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.