UAE President’s visit to France will uncover new prospects for economic, trade cooperation: Thani Al Zeyoudi

UAE President’s visit to France will uncover new prospects for economic, trade cooperation: Thani Al Zeyoudi

ABU DHABI, 19th July, 2022 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to France is a historic milestone in the relations between the two countries and will have a positive impact on their partnership, advancing it to an unprecedented strategic level.

In an interview with the Emirates News Agency (WAM), Dr. Al Zeyoudi said the visit of His Highness Sheikh Mohamed bin Zayed will uncover new prospects for economic and trade cooperation and increase mutual investments in various sectors, including trade, investment, oil and gas, hydrogen, renewable nuclear energy, climate action, artificial intelligence, food security, fintech, intellectual property rights, space and cybersecurity.

He added that the bilateral trade between the UAE and France is continuing to grow, in light of their economic cooperation, enabling them to leverage various opportunities in several economic sectors. Dr. Al Zeyoudi stressed that the UAE is among the key partners of France in the Gulf Cooperation Council (GCC) region, with trade exchange in 2021 reaching AED25 billion, a rise of 25.9 percent compared to 2020.

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