Abu Dhabi: Sultan Bin Saeed Al Mansouri, Minister of Economy, has met with Saleh Attiya, Ambassador of Algeria to the UAE, to discuss ways of boosting economic and trade cooperation between the two countries.
The meeting, held at the Ministry of Economy (MoE) in Abu Dhabi, was attended by Jamal Al Jarwan, Secretary-General of UAE Companies Investing Abroad Council, and Tareq Al Marzooqi, Director of Government Communication at the MoE,
The minister of economy said Algeria is an important strategic partner of the UAE, with non-oil trade between the two countries rising from $423.9 million (Dh1.5 billion) in 2013 to $493.2 million in 2014, a 14 per cent year-on-year growth. He added that while the figures are certainly significant, there are several opportunities that still need to be leveraged to further accelerate bilateral trade and improve collaboration, especially with mutual agreements on trade, industry, agriculture, customs, taxes and securities.