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ABU DHABI – The Ministry of Economy of the United Arab Emirates has received two separate trade delegations from the People's Republic of China, which examined the incentives and benefits of the country's economic and trade conditions, as well as the sectors priorities and promising opportunities, while exploring ways to increase opportunities for existing cooperation and partnerships..
The Undersecretary at the Ministry of Foreign Trade said that trade and investment relations between the United Arab Emirates and the People's Republic of China were growing strongly and that the United States had a strong relationship with the United States. they accelerated in the light of the overall strategic partnership between the two countries..
He emphasized that many indicators reflected the strength of this partnership. China is the largest trading partner of the UAE in 2017, with a total trade exchange of about $ 53.3 billion and 15% growth over 2016. On China's total exports to Arab countries and 22% of total Arab-Chinese trade in 2017.
The undersecretary of the Ministry of Economy received a delegation from the "Federation of Commerce and Industry of All China" ACFIC " Li Chaucian, Vice President of the Federation, is the head of this organization which brings together hundreds of large Chinese companies: manufacturing, automotive, pharmaceutical, steel, mining, electrical and electronic equipment, foreign trade, environment and others..
Al Saleh stressed that strengthening the economic partnership with China and strengthening trade and investment ties between the two countries at the private sector level are one of the priorities of the UAE government.
Al Saleh expressed the willingness of the Ministry of Economy and the relevant national authorities to facilitate the task of Chinese companies wishing to invest in the UAE and to provide the environment of knowledge as well as the culture of And the advice needed to build projects on a solid foundation.
Li Zhaoxian, chairman of the Federation of China's Industry and Commerce, praised the UAE's development, modern administrative systems, and impressive infrastructure.
He stressed the importance of this visit to inform Chinese companies of business climate in the UAE and explore opportunities for cooperation in vital sectors such as industry, tourism, technology and business. innovation, which offers Chinese manufacturers an important opportunity to expand their partnerships with the UAE..
Abdullah Al Saleh discussed partnership and trade cooperation opportunities with a delegation from the China Chamber of International Trade of the China Council for the Promotion of International Trade. CCPITYu Jianlong, Secretary-General of the Biosafety Clearing-House, led the delegation..
The two sides discussed the importance of defining the Chinese business world with the elements and incentives of the investment climate in the UAE, the most promising sectors, supporting legislation and measures. to take to do business..
The Chinese delegation welcomed the open and active business environment of the UAE, highlighting the wish of enterprises belonging to the China International Chamber of Commerce to expand cooperation in trade and investment with the UAE in various economic sectors of common interest.
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