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4/29/24, 3:35 PM           Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation - www.lokmattimes.com
         Furthermore, he noted that the country has attained the highest global ranking for

         the number of new business ventures launched, according to the Global

         Entrepreneurship Monitor (GEM) 2023-2024 report.


         The UAE and Estonian sides discussed the significance of enhancing joint efforts


         in the tourism and aviation industries. They explored innovative strategies to boost
         air connectivity and facilitate the exchange of tourism flows. These efforts will


         foster new prospects for cooperation and investment in these pivotal sectors.


         The UAE and Estonia experienced a significant increase in non-oil trade exchange

         in 2023, with a growth rate of 76.2 per cent compared to 2022. Additionally, the

         UAE's re-exports to Estonia saw a notable rise of 66.3 per cent in 2023.

         (ANI/WAM)



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