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Business 1 min read 22 views

Ministry of Economy Discuss Ways to Deepen Economic Ties With Tatarstan

Abu Dhabi, January 2, 2017 - H.E. Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, recently met with Tatarstan President Rustam Minnikhanov to review means to reinforce their bilateral economic and trade connections and chances for mutually helpful financial investments. The meeting, which was held at Burj Al Arab Hotel in Dubai, was gone to by H.E. Abdullah Bin Ahmed Al Saleh, the Ministry of Economy's Undersecretary for Foreign Trade and Industry, and Russian Ambassador to the UAE Alexander A. Ivanov.

Both events tackled various methods to boost their financial and trade teamwork, reinforce accessibility to financial investment chances in numerous markets, and advertise usual growth passions in tourist, agriculture, property, industry and petrochemical industries. During the conversations, the UAE Minister additionally approved the invitation to go to the Kazan International Economic Summit between states of the Russian Federation and member countries of the Organization of Islamic Cooperation(OIC).

H.E. Al Mansoori emphasized joint opportunities in tourism, petrochemical, manufacturing, framework, realty, and farming, saying these sectors are the nation's leading concerns to ensure food security at the local and regional degrees.

The Minister stated the importance of economic delegations to join financial occasions organized by the 2 sides, noting that these discussion forums have a straight influence on boosting interaction networks between their corresponding business areas. Such a step will advertise exceptional motivations and centers, discuss financial investment chances, and enhance collaborations to boost economic connections and participation and enhance the size of trade quantity.

For his part, President Minnikhanov claimed that his nation likes enhancing the structures of financial and trade cooperation with the UAE and produce wider partnerships in between the public and private sectors to serve typical passions.

The President of Tatarstan invited the UAE Minister to attend the Kazan International Economic Summit. H.E. Al Mansoori approved the invite, claiming the event is an excellent chance to discuss numerous aspects of cooperation between the states of the Russian Federation and OIC member nations. They additionally discussed means to increase their financial collaboration and integration, consisting of maximizing readily available capacities and capabilities.

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