UAE Business: 5th EU-GCC Business Forum concludes at Expo 2020 – Gulf Digital News

UAE Business: 5th EU-GCC Business Forum concludes at Expo 2020 – Gulf Digital News

Businesses and government leaders from the European Union and the GCC came together at the 5th EU-GCC Business Forum that focused on how to drive the post-pandemic recovery in the EU and the GCC towards a green and digital transition.



The event took place at Expo2020, Dubai, UAE on October 23 with panel discussions that covered different topics as part of ‘Accelerating GCC Economic Diversification After the Crisis – The Way Forward’.



“Our well-established EU-GCC cooperation provides the right framework to advance together towards a sustainable economic model. As we move on, we should learn lessons from the pandemic and use the opportunity to do things better,” said Margaritas Schinas, Vice-President of the European Union



The forum involved sessions that covered topics such as Enhancing EU-GCC Trade & Investment, Innovation & Economic Acceleration, and Trade & Investment Opportunities in the GCC with speakers from Europe and the GCC region that discussed the potentials for each segment and future plans.



“The possibilities are huge for more EU-GCC economic cooperation, trade and investment in an increasingly green and digitalised global economy. We should tap on the full potential of this emerging new dimension of cooperation between our regions. I am sure that today’s impressive EU-GCC Business