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Lubna Al Qasimi meets Egyptian and European counterparts

posted on 20/05/2008: 720 views

UAE Minister of Foreign Trade HE Sheikha Lubna bint Khalid Al Qasimi met in Sharm el Sheikh on Monday with the Egyptian Minister of Trade and Industry Rashid Mohammed Rashid.

Sheikha Lubna is in Sharm el Sheikh to participate in the World Economic Forum (WEF), where she will present the economic development of UAE and shed light on its growth rate, as well as the increasing migration of foreign investment to the country.

The minister also met European Trade Commissioner Peter Mandelson and discussed a number of issues of mutual interest to UAE and EU. In a statement to Emirates News Agency, WAM, she said that discussions with Mandelson featured the GCC-EU negotiations for a free-trade agreement.

The discussions with the Egyptian minister touched upon the ways for enhancing economic and trade relations between UAE and Egypt.

Later, Sheikha Lubna met with the Egyptian Prime Minister Dr Ahmed Nazeef.

Sheikha Lubna said that during the meeting, the UAE and Egypt agreed to expand their economic cooperation and joint investments.

She conveyed the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to President Mohammed Hosni Mubarak of Egypt and to Dr Nazeef. Sheikha Lubna said that she emphasized during her meeting with the Egyptian Prime Minster the important role played by the Egyptian workforce in the development of the UAE. -Emirates News Agency, WAM


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