UAE’s MoE & Cuban government explore bilateral investment opportunities

UAE’s MoE & Cuban government explore bilateral investment opportunities

UAE Ministry of Economy (MoE) and the Cuban government have explored opportunities for cooperation and establishing new economic partnerships in various investment and trade sectors such as energy, manufacturing, tourism, agriculture, transportation, communications, information technology, and health.

During the visit to the Havana International Fair 2022, Mr. Abdullah bin Touq Al Marri, Minister of Economy, met with several ministers from the Caribbean nations to discuss mechanisms to enhance economic and trade cooperation, and agreed on new action plans and programs that can help achieve this goal.

Abdulla bin Touq Al Marri

UAE Minister of Economy “Caribbean countries are a promising destination for investment and trade as they offer diverse economic opportunities. Therefore, the UAE is keen to develop partnerships with this region’s business community and promote business and investment exchanges in a way that supports the development aspirations of both sides.”

Mr. Al Marri added, “Our visit contributed to apprising the Caribbean private sector of the numerous economic initiatives that were recently launched by the UAE in line with its wise leadership’s vision for the future, most notably the Projects of the 50, including the Investopia Summit and the Comprehensive Economic Partnerships Agreements program.”

Furthermore, the ministry called on the Caribbean business community to capitalize