Ministry Of Economy to Visit Uzbekistan, KyrgyzstanSource: www.export-egypt.com 3/9/2019, Location: Middle East |
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The Ministry of Economy will visit Uzbekistan and Kyrgyzstan to hold joint economic committees with both countries.
The delegation, headed by Sultan bin Saeed Al Mansouri, Minister of Economy, will include a number of senior officials from the ministries and other federal entities and local government bodies, as well as a number of representatives of business enterprises and investment companies in the country. The third session of the joint economic committee between the UAE and Uzbekistan will be held at the latter's capital Tashkent on the first day of the visit. flydubai's direct service connecting both countries will also be inaugurated on the same day. The delegation’s visit coincides with the launch of flydubai service between Dubai and Tashkent. The UAE delegation will also travel to Bishkek, capital of Kyrgyzstan, where the first session of the UAE-Kyrgyzstan Joint Economic Committee will be held. Commenting on the upcoming joint committee meetings, Al Mansouri said that the UAE continues its efforts to strengthen its international economic partnerships with various promising international markets. He added that the formation of strong ties with new economic, trade and investment destinations is a key aspect of the country's policy to build a diversified, competitive and flexible global economy based on knowledge and innovation. He pointed that the Central Asian region is one of the country’s key focus areas, given the strength of bilateral relations with the countries of this region. The minister explained that the joint economic committee with Uzbekistan represents an important step forward in elevating cooperation between both countries to higher levels. He added that the areas of cooperation are diverse and important, especially small and medium enterprises, innovation, civil aviation, financial services and tourism, investment in energy and renewable energy sectors, agriculture and food products, petrochemical and chemical industries. Meanwhile, the Joint Economic Committee with Kyrgyzstan will represent a very important step in the development of an effective roadmap for economic cooperation. Priority sectors will be identified for both countries in the fields of agriculture, food security and related industries, as well as in the fields of energy, renewable energy and civil aviation. The volume of non-oil trade between the UAE and Uzbekistan reached US$387 million in 2017, while the non-oil trade volume with Kyrgyzstan amounted to more than US$310 million. |
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