UAE, Netherlands non-oil trade reaches over $3 billion in 2020

UAE, Netherlands non-oil trade reaches over $3 billion in 2020

Netherlands is one of the most important sources of the UAE's imports of food items. WAM



UAE is the second largest trading partner of the Netherlands in the Arab world and the non-oil trade exchange between the two countries amounted to more than $3 billion in 2020, said Dr Thani  Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade during a virtual meeting with Sigrid Kaag, Minister for Foreign Trade and Development Cooperation of Netherlands.

Both sides discussed mutual trade and investment ties and ways to develop them for the interest of both countries and peoples.

During the meeting, the ministers exchanged views on a number of bilateral, regional and international economic issues of common concern.

The two ministers reviewed means to develop partnership during the economic recovery and the post-COVID-19 period.

They also discussed cooperation opportunities to increase trade exchange, enhance the flow of mutual direct investments,