Accelerating trade openings – GulfToday

Accelerating trade openings – GulfToday

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on Wednesday attended the first-ever Global Business Forum (GBF) ASEAN at Expo 2020 Dubai. GBF ASEAN seeks to enhance economic ties and bilateral trading relations between Dubai and the 10 member states that make up the ASEAN region. Addressing Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum and other delegates, Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, highlighted the significance of the Forum and the platform provided by Expo 2020 Dubai to explore greater trade and investment between the two regions. “Hosting Expo 2020 Dubai at this critical juncture in the world’s history helps the global economy make a new start and accelerate its recovery and growth. ASEAN countries can play a key part in the world’s economic growth by supporting international trade and building partnerships. The large populations of ASEAN countries provide huge investment opportunities and support the global supply chain. The UAE is looking positively at the ASEAN region, as it holds a solid economic position with a total GDP of $3 trillion. Both the ASEAN and GCC regions complement each other and play a vital