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UAE Economic Affairs Minister goes to the UK for a trade deal

UAE Economic Affairs Minister goes to the UK for a trade deal

United Arab Emirates Economy Minister Abdullah bin Duq Al Marri speaks at the Skybridge Capital Salt New York 2021 Conference on September 15, 2021 in New York City, USA.

DUBAI (Reuters) – As the Gulf government seeks to deepen trade ties, the UAE economy minister will lead a high-level delegation to Britain this week, the ministry said on Sunday.

Abdullah bin Dukh Al Marri and his delegation will meet with British ministers, officials and representatives of the private sector to discuss the recently announced economic policies of the United Arab Emirates.

Among those policies is what the United Arab Emirates calls a comprehensive economic agreement with Britain and the seven countries, including trade and foreign investment.

The ministry said the panel would also discuss fostering economic ties and enhancing cooperation in trade, investment, health, energy and other sectors.

The United Arab Emirates announced last week that it was expanding its investment partnership with the British government.

The Emirati delegation will include representatives from local government, investment firms and the private sector, the ministry said.

The United Kingdom is the third largest non-oil trading partner of the United Arab Emirates in Europe, with trade between the two countries expected to reach $ 8.1 billion by 2020.

(Dollar = 0.7279 pounds)

Written by Alexander Cornwell. Editing by Nick McPhee

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