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5/28/24, 1:09 PM UAE's Minister of Economy Bin Touq meets NYC mayor to boost cooperation - www.lokmattimes.com

The meeting explored the potential for enhancing economic relations and fostering

better communication between the UAE and the American private sector. These

efforts will create new avenues for growth, particularly considering the promising

and diverse opportunities and enablers available in the markets of both countries.

Furthermore, they highlighted the significance of enhancing cooperation in

economic affairs that facilitate the transition towards a digital economy and

combat financial crimes, in line with the economic policies of both nations.

Bin Touq emphasised the UAE's vision to improve economic openness and forge

productive partnerships with international markets. He highlighted the UAE's

crucial role in supporting major economic blocs that are shaping the global

economic landscape.

This is particularly facilitated by the UAE's standing as a competitive economic

hub, which is connected to over 400 cities around the world through direct routes.

Additionally, the UAE has the largest shipping line network that spans 88 ports

globally and benefits from its strategic location as a link between the East and

West.

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