UAE-UK hold talks to enhance economic relations

Dubai: A high-level UAE delegation will visit the UK this week to discuss the economic relations and explore more opportunities between the two countries.

Abdulla Bin Touq Al Marri, UAE Minister of Economy, will head the delegation. During the visit, both the countries will also discuss expanding partnerships at public and private sector levels. The UAE delegation will consist of nine concerned federal and local government entities, investment companies and private sector representatives from the country.

The meeting will focus on enhancing cooperation in key sectors including trade, investment, and small and medium enterprises; renewable energy; financial and banking sector; and intellectual property.

During the visit, the UAE delegation will meet representatives from the UK’s private sector to discuss:

The UAE delegation includes representatives of nine government and private entities:

UK is the UAE’s third largest European trade partner in non-oil goods, as the volume of non-oil trade between the two countries in 2020 amounted to nearly $8.1 billion, ranking 15th globally in terms of the value of foreign trade, and accounting for 2 per cent of the UAE’s total non-oil foreign trade.