H.E. Abdullah Al Saleh, the UAE Ministry of Economy’s Undersecretary
for Foreign Trade Affairs, and H.E. Iurie Usurelu, Minister of State for
Agriculture, Regional Development and Environment of the Republic of
Moldova, discussed areas of joint cooperation, ways to develop them, and
how to take advantage of the diverse opportunities and possibilities of
the countries during a meeting held at the Ministry’s headquarters in
Abu Dhabi.
Among the attendees were H.E. Juma
Mohammed Al Kait, the Ministry’s Assistant Undersecretary for Foreign
Trade Affairs, and a number of officials from both sides. The group
followed-up on the outcomes of the visit of a UAE delegation to Moldova
last February, which served as an important step in highlighting the
most important areas of cooperation and ways to develop them for the
interests of both parties. The Moldovan Minister reviewed current
investment opportunities in agricultural crops, livestock and food
products in light of development projects being implemented in Moldova.
The two sides also discussed ways to enhance mutual investments in this
regard.
The meeting also discussed the importance of continuing
dialogue on advancing cooperation in air transport and the opening of
direct flights between the two countries due to its direct impact in
supporting cooperative efforts in the fields of trade, investment, and
tourism between the two countries.
H.E. Al Saleh said that relations between
Moldova and the UAE have a strong potential for growth, and that the
establishment of development partnerships in many vital areas can take
advantage of available natural resources and investment capabilities.
He
added that intensifying the exchange of visits and trade delegations
between the two countries will help raise the private sector’s awareness
on existing key investment opportunities and facilities offered to
businessmen by both countries' markets, pointing out that agricultural
products and food industries are a priority on the map of joint
cooperation.
To note, the volume of non-oil trade between the two countries exceeded USD 8.2 million in 2016.
For
his part, H.E. Usurelu emphasized his country's keenness to develop
cooperative frameworks with the UAE and to enhance the presence of UAE
investments in the Moldovan market, particularly in agriculture, food
products and livestock in light of Moldova’s promising potentials in
these sectors.
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