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UAE-German relations see steady growth in five years

posted on 08/02/2008: 572 views

Berlin - The UAE-German relations have developed steadily during the last five years, culminating in enhanced investments in the two countries, according to Sheikha Lubna Al Qasimi, Minister of Economy.

Addressing an audience of German businessmen in Berlin yesterday, Sheikha Lubna said businessmen stood to benefit from the enormous opportunities availed in the two countries, thanks to the added vibrancy gained in recent years by the German-UAE ties.

"The current visit to Germany by H.H Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai and his subsequent participation in the UAE-German Economic Forum , is a major booster to the UAE-German relations", said Sheikh Lubna during the meeting which was attended by Sheikh Mohammed.

She stressed the need to enhance economic ties between the two countries by evolving joint plans among the private sector firms. She also called for bilateral relations to be widened to cover such areas as technological infrastructure, scientific research, and health.

The UAE official said the country adopted a liberal economic policy, a policy that has created a benign climate for foreign investments. – Emirates News Agency, WAM


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