Published: Sep 25, 2014
Source: WAM


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U.A.E. delegation led by Al Mansouri concludes visit to US

The US delegation led by Sultan bin Saeed Al Mansouri, Minister of Economy, has concluded its visit to the US with a series of successful meetings in Washington and other cities.

The meetings of Al Mansouri and the delegation focused on boosting cooperation in the areas of innovation, technology, renewable energy, industry, knowledge economy, and benefiting from the US expertise in respective areas.

Al Mansouri stressed keenness of the U.A.E. on strengthening cooperation ties with the US in the areas of innovation and technology so as to upgrade performance of vital sectors in the U.A.E. and increase their competitiveness to contribute to the sustainable development.

In a gathering held to introduce both Emirati and American businesspersons and investors to potential business opportunities in the two countries, President of US- U.A.E. Business Council said a number of US companies have selected the U.A.E. to be their base in the Middle East given investment opportunities and exemplary business environment provided by the U.A.E.. Over 300 personalities representing Emirati and American companies attended the gathering.

Al Mansouri said the hosting of Expo 2020 in Dubai "is an exemplary opportunity for the US companies in the U.A.E.", noting that the hosting of the event in Dubai indicates the progress being experienced by the U.A.E..

He said that the U.A.E. GDP reached AED1.4 trillion last year, up by 4 per cent, with expectations it would exceed AED2 trillion by 2019, based on the statistics of the International Monetary Fund.

Al Mansouri met a number of US officials during the visit- By WAM/Majok

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