UAE delegation explores bilateral opportunities at SelectUSA Investment Summit

UAE delegation explores bilateral opportunities at SelectUSA Investment Summit

WASHINGTON, 2nd May, 2023 (WAM) – Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led a UAE delegation of government officials, business leaders and investors to the SelectUSA Investment Summit, the largest event in the US for the promotion of foreign direct investment.

At the event, which was held in Maryland, the delegation engaged with corporate leaders, industry experts, and exhibitors to identify strategic investment opportunities in the US and explore avenues for establishing businesses in the country.

Dr Thani Al Zeyoudi also used the occasion to hold bilateral meetings with US Commerce Secretary Gina Raimondo and Assistant Secretary of Commerce Arun Venkatarman, during which he discussed ways to further develop bilateral trade and investment ties, and accelerate cooperation in priority sectors such as clean energy initiatives, food and water security, and advanced technology.

Al Zeyoudi said the UAE delegation’s participation in SelectUSA is a reflection of the importance of the US relationship and the opportunities it offers UAE businesses and investors. “To achieve our economic ambitions, we must expand ties with key allies around the world, including the US, our fourth-largest trading partner with non oil trade worth $30 billion in 2022. Collobaration with US companies in