Page 26 - MOE ENGLISH PR REPORT - FEBRUARY 2024 ( International)
P. 26

Press Release



                       During his participation at WTO’s 13th Ministerial Conference in Abu Dhabi


               Bin Touq meets ministers from Bahrain, Morocco, Iran, France and

                 Ireland to strengthen economic relations and enhance cooperation


                                              in new economic sectors




               •      Bin Touq reviews the UAE's efforts to promote economic openness, build economic
               partnerships and shift towards a new economic model.

               •      UAE  and  Bahrain  discuss  supporting  SMEs  in  their  markets  and  promoting

               communication between the business communities of the two countries.
               •      Bin  Touq   engages  in discussions  with the Moroccan Minister  on  developing new
               mechanisms to support bilateral cooperation in sectors based on innovation and knowledge.

               Strengthening joint action to implement the objectives of the Joint Economic Commission

               between the two countries.
               •      Discussion  on  strengthening  cooperation  with  the  French  side  in the areas of

               entrepreneurship,  technology,  circular  economy,  tourism,  and  renewable  energy  to
               contribute to increasing economic cooperation between the UAE and France.

               •      The  Iranian  Minister  of  Commerce  invites  His  Excellency  Abdulla Bin  Touq Al
               Marri to attend the Expo Iran 2024. The two sides are exploring the possibility of establishing

               a joint economic commission during the next phase.
               •      UAE and Ireland discuss ways to develop and diversify economic relations between

               the two countries in new economic sectors.
               •      Bin  Touq  highlights  the  latest  economic  developments  in  the  UAE  business

               environment, including amending the Commercial Companies Law to allow 100% foreign
               ownership.





               Abu Dhabi, February 27, 2024:
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