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UAE and UK reach agreement to form seven teams to promote joint cooperation in seven key sectors 

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UAE and UK reach agreement to form seven teams to promote joint cooperation in seven key sectors 

Wednesday, May 16, 2012
UK-UAE Joint Economic Council held its second meeting in London recently, it was headed by H.E. Nasser Ahmed Alsowaidi, Chairman of DED and Chairman of UK-UAE Joint Economic Council, it was attended by Lord Marland, Chair of the UK Business Ambassadors' Network and UK Minister of Energy and Climate Change, Mr. Samir Brikho Chief Executive of AMEC in UK and H.E Abdulrahman Almutaiwee, UAE Ambassador to the U.K.During the meeting, several proposed issues were discussed; the most prominent issue was forming work teams from both sides in the fields of energy, education, health, infrastructure, finance, business, small and medium enterprises and defense.His Excellency Chairman of DED and UK-UAE Joint Economic Council stressed UAE's  keenness on enhancing economic relations in all fields and His Excellency pointed out that the Council reflects the genuine interest and keenness of  the leaderships and governments of both countries to develop and expand economic relations which will lead to achieving those strategic partnership in many key investment fields in order to lay the foundation of having common ground for sustainable relations which  are most beneficial to the people of both countries .His Excellency said that UK-UAE Joint Economic Council will deal with  important commitments during next period, the most prominent of which is the task of overcoming challenges and obstacles facing the UAE-UK investments by enhancing communication channels between the two governments in order to activate the role of the private sector and investors in both countries, enabling them to promote their joint business and projects.His Excellency expressed his hope that Council was capable of achieving the desired objectives enhance its functions  through  joint teamwork  and activate the role of is the task teams  which considered  main foundation for the success  of all projects and future plans of the Council  which is looking forward to strengthening the economic relations between two friendly countries in various fields.For his part, Lord Marland stressed that the political and economic relations between his country and the UAE are stronger today than any time before in light of the development of joint trade and investment between the two sides, adding that the United Kingdom viewed with admiration and praise to UAE's achievements at all levels, especially the economic and commercial ones, where UAE becomes a model for growth and development among all countries in the Middle East.Lord Marland praised the future visions of 2021 which was set by the Government of the UAE and Abu Dhabi Economic Vision 2030, which reflects the foresight of the leadership and the Government of the UAE which has a promising future and it has become a role model on the international level.The Council recommended at the end of its second meeting to work on studying the possibility of entry of the two countries to emerging markets and especially in the Middle East and take advantage of investment opportunities were benefited from both friendly countries.  UK side has set up an informal dinner party in honor of the UAE delegation attended by H.E. Alistair Burt, the Minister of Foreign and Commonwealth Office, who confirmed the importance of the role of UK-UAE Joint Economic Council. His Excellency expressed his confidence in the Council's capacity to promote trade and strengthen relations between the two countries.His Excellency also stressed the support the British government offers to the work of the Council based on its belief that the UAE has become a strategic partner and an important ally in the region.
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