Page 49 - MOE ENGLISH PR REPORT - FEBRUARY 2024 ( International)

Press Release

addressed the importance of completing joint efforts to implement the Greater Arab Free Trade
Area, a significant step forward in supporting the growth of Arab economies and intraregional
trade, especially in view of today’s global economic openness.

H.E. Bin Touq also affirmed the UAE's desire to move forward with the implementation of the
amended Arab Investment Agreement. It will contribute to the promotion and stimulation of
investment exchanges among Arab states, particularly as the region is experiencing a growth in
FDI flows in general.

The Minister of Economy then lauded the key role played by the Arab Economic and Social
Council in supporting community development through sponsoring a number of initiatives and
events in several fields such as health, family and development, and holding a series of training
courses and awareness-raising programs on challenges faced by Arab economies. These include
the role of Arab women, family and child health, and training and rehabilitation for people with
special needs.

-Ends-

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