UAE, Seychelles discuss economic tie-up at Expo 2020

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UAE, Seychelles discuss economic tie-up at Expo 2020
UAE, Seychelles discuss economic tie-up at Expo 2020

Africa-Press – Seychelles. The UAE and Seychelles discussed strengthening the economic partnership between the two nations by exploring new areas of cooperation and agreeing on new frameworks of coordination on the sidelines of Expo 2020 Dubai.

The meeting between Dr Ahmad Belhoul Al Falasi, the UAE Minister of State for Entrepreneurship and SMEs and Devika Vidot, Minister for Investment, Industry, Entrepreneurship and Industry in Seychelles also focused on facilitating mutual access to their markets for investors and entrepreneurs, capitalising on promising opportunities, and increasing trade and investment flows by focusing on the tourism and clean energy sectors, reported Emirates News Agency WAM.

Al Falasi said the UAE has adopted an ambitious vision for the next 50 years based on improving economic and commercial openness to the rest of the world and establishing international partnerships and evolving cooperation programmes in priority sectors.

The non-oil trade exchange between the two countries grew 27.3 percent compared to 2020, with non-oil exports up 35.1 percent, re-exports 25 percent, and imports 16.7 percent.

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