UAE accounts for 40% of Netherlands’ exports to GCC: Dutch Minister for Foreign Trade

UAE accounts for 40% of Netherlands’ exports to GCC: Dutch Minister for Foreign Trade

DUBAI, 2nd November, 2021 (WAM) -- The UAE accounts for 40% of the Netherlands’ exports to the GCC and there is huge potential to expand economic cooperation between the two countries, Tom de Bruijn, the Dutch Minister for Foreign Trade and Development Cooperation has said.

His comments came during a business forum hosted today in Dubai as part of a high-level trade mission to the UAE joined by 50 leading Dutch companies active in key sectors such as water, energy, food, urban design and logistics. The forum was organised by the Consulate General of the Netherlands in Dubai in cooperation with Dubai Chamber.

The minister described the forum and Expo 2020 Dubai as key highlights and components of the trade mission. He referred to Dubai Chamber as an "important and longstanding" partner to the Netherlands and explained how a solid economic foundation has been established under this bilateral partnership. The UAE is home to over 350 Dutch companies, a majority of which are based in Dubai, he noted.

"Trade missions such as these are an important instrument to further enhance our economic ties, to inform companies and connect them to new partners. Therefore, I am happy to introduce these fifty Dutch