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Lubna al-Qasimi discusses trade cooperation with German official

posted on 12/02/2009: 648 views

Foreign Trade Minister, Sheikha Lubna bint Khalid Al-Qasimi, received at her office yesterday a German delegation from the State of Bavaria, led by the State's deputy minister of economy, infrastructure, transport and technology, Katia Hessle.

They discussed ways to boost cooperation between the two countries in the area of trade, sharing of expertise and technology.

Sheikha Lubna stressed the need to boost the existing relations of partnership between the UAE and Germany through various channels, including tapping of existing investment opportunities in the two countries.

She also called for sharing of expertise, information and technologies to boost economic growth in the two countries and reiterated the need for close contact between the private sectors and businessmen of the two countries.

The German official, for her part, praised the UAE for its strong economy and ability to face various kinds of challenges. She said her country was committed to boosting bilateral cooperation in various economic areas.

Trade exchange between the UAE and Germany stood at US$7.4 billion in 2007. – Emirates News Agency, WAM


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