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Lubna confers with British Commerce Minister

posted on 27/11/2007: 776 views


London - Minister of Economy, Sheikha Lubna Al Qasimi discussed yesterday, in London, with John Hutton, UK Secretary of State for Business, Enterprise and Regulatory Reform the progress of bilateral relations and means of consolidating economic cooperation between the UAE and the United Kingdom. They also discussed developments of the GCC-EU free trade negotiations. She also briefed the British Official on the UAE sovereign funds and their role in strengthening ties between the UAE and its strategic partners.

Sheikha Lubna emphasized the need for taking advantage of the healthy economic growth in both countries in boosting bilateral cooperation in the various spheres. She called for reaching a speedy agreement on the GCC-EU Free Trade Agreement, noting the positive impact this agreement will have in expanding the scope of cooperation between the two countries. For his part, the British Minister concurred with Sheikha Lubna on the need for removing all obstacles hampering a full-fledged economic partnership between the two countries. (Emirates News Agency, WAM)

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