LONDON: The UAE-UK Business Council continues to play an important role in creating and supporting the conditions for the growth of bilateral trade and investment, said British Ambassador to the UAE Philip Parham, on the fifth anniversary of the business council.
The anniversary was celebrated with the launch of a revamped logo and new website (www.uaeukbc.org) designed to support and raise awareness of its ongoing work.
The business council also held its plenary meeting at The Lincoln Centre in London. In addition to discussing the activities being led by its seven sector working groups, the business council was interested in hearing presentations on the United Kingdom’s (UK’s) future outside the European Union (EU), Dubai Expo 2020 and Smart Cities.
The business council agreed that whilst some had been surprised by the outcome of the EU referendum, it offered new opportunities for increasing trade and investment between the UK and UAE.
The visit on 19th September to the UAE by Dr. Liam Fox, the new Secretary of State for International Trade, demonstrated the importance attached to the bilateral commercial relationship by the leadership of both countries.
During his visit, Dr Fox underlined that the economic fundamentals of the UK remained very strong, and said that Britain was open for business like never before.
Samir Brikho, Co-Chair of the UAE-UK Business Council, said, “I am delighted with what the Business Council has managed to achieve in its first five years. If we are to achieve our new bilateral trade target we need to continue to evolve to meet new challenges and opportunities such as those offered by the UK’s future outside the EU. Our new website is part of that evolution and I am sure that it will play an important role in supporting the efforts of our sector working groups and raising awareness of our role.”
