Dubai: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, met with Prince of Monaco Albert II at the UAE Pavilion at Expo 2020 Dubai on Saturday.
The meeting was attended by Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum; Reem Al Hashimy, Minister of State for International Cooperation and Director-General of Expo 2020 Dubai; Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs; and Sarah bint Yousef Al Amiri, UAE Minister of State for Advanced Technology.
Sheikh Hamdan welcomed the Prince of Monaco and his accompanying delegation and expressed his wish that the two nations will be able to expand cooperation in various future-oriented sectors.
Sheikh Hamdan accompanied the Prince of Monaco on a tour of the UAE Pavilion and discussed ways of strengthening bilateral relations and expanding economic, investment and cultural ties.
Prince Albert II of Monaco praised the progress the UAE has attained in various fields and its unique sustainable development model that focuses on the growth of vital sectors that are shaping the future of our world.
He stressed on the importance of taking advantage of the exceptional opportunities offered by Expo to advance global development and build a more prosperous future for the planet.
‘Rock of Monaco’
Sheikh Hamdan also toured the Monaco Pavilion at Expo. He was briefed on the design theme of the Monaco Pavilion, which is inspired by the ‘Rock of Monaco’, a gem-like polygonal structure that reflects the country’s national, cultural and environmental identity, as well as its extensive experience in education, construction, science, power generation and other vital sectors.
Agreement on taxation
The Dubai Crown Prince and Prince Albert II of Monaco witnessed the signing of an agreement on the avoidance of double taxation between the UAE and Monaco. The agreement was signed by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and Monaco’s Minister of Finance and Economy.