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Wednesday, April 24, 2024

UAE is open to global markets: Sheikha Lubna

UAE is open to global markets: Sheikha Lubna(Sydney) – Minister of Foreign Trade, H.H. Sheikha Lubna Al Qasimi has stressed that the UAE had succeeded in building strong commercial and economic ties and successful partnerships with a large number of countries worldwide.
The UAE’s efforts towards building strong relations with all parties, coupled with its strong economy, efforts to diversify its economy and well-established non-oil sectors, are crucial to the country’s overcoming of the global financial crisis and achieving strong economic results, Al Qassimi said in speech at the opening session of the Arab Australian Forum in Sydney.
The Minister added that the UAE had adopted a liberalised trade policy that is open to global markets. “The UAE, continues to seek to remove trade barriers and strengthen its relations with many countries,” she said pointing out that the UAE also provides highly advanced logistical services that have contributed to making it one of the world’s main re-exporters.
Sheikha Lubna commended the Arab Australian Chamber of Commerce for their role in strengthening relations between the Arab world and Australia, and between the UAE and Australia in particular through organizing such forums and other activities that increase communication between the two sides. She further said that Arab-Australian commercial relations have been strengthening in many areas, pointing out that relations between the UAE and Australia have been on the forefront in this regard, calling for exploring new avenues of cooperation that would strengthen them even further.

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