Page 145 - MOE ENGLISH PR REPORT - JANUARY 2024

1/31/24, 9:27 AM WAM - Emirates News Agency
The two sides discussed strengthening prospects for

economic partnerships and facilitating dialogue between the

UAE and British private sectors. This will open up new avenues

for cooperation, especially given the diversity of economic

opportunities in both markets and the possibility of providing

more facilities and incentives to exporters and importers in

the two countries, thereby supporting the growth and

sustainability of both economies.

Bin Touq highlighted the UAE’s vision to promote economic

openness and build fruitful partnerships with leading regional

and global strategic markets. He also underscored its vital role

in supporting major economic clusters, which will shape the

future of the global economy. These efforts are supported by

the UAE’s position as a competitive and vibrant economic hub,

which offers direct connectivity to more than 400 cities around

the world and boasts extensive shipping lines connecting 88

ports worldwide.

To this end, the Minister of Economy held a bilateral meeting

with Bim Afolami, Economic Secretary to the Treasury, to

discuss strengthening cooperation in the sectors of fintech,

digital transformation, entrepreneurship, circular economy,

financial services and renewable energy.

During their meeting, the two sides shared views on leading

global entrepreneurship practices. They also discussed ways

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