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UAE Embassy in Germany issues special file on UAE-German

posted on 28/04/2004: 719 views

The UAE Embassy in Berlin has issued a special file on the UAE-German relations to mark the landmark visit to Germany by Sheikh Hamdan bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of State for Foreign Affairs. The file covers all aspects of bilateral political, trade, economic, cultural, industrial, technological and tourist relations and cooperation. It calls the political and economic partnership 'positive and fruitful'.

Frequent visits of German public and private delegations to the UAE highlight the high-profile position enjoyed by the UAE not only among the German political, economic and business Circles but also among the various sectors of the German community. These visits were culminated by the visit of German Chancellor Gerhard Schroeder to the UAE last October. According to the file, Sheikh Hamdan's visit to Berlin reflects the desire of the two countries to boost bilateral relations and cooperation and to exchange views on current regional and international issues of mutual concern. 'The German business community has found in the UAE a safe haven for investment given its strategic location, its modern infrastructure, favourable investment legislations and incentives and ultra-modern telecommunications and transport networks,' the file added.

Two-way trade exchange has seen remarkable growth over the few past years, making the UAE German's major trade partner in the Gulf and Middle East, overtaking Saudi Arabia. Official German figures showed that German exports to the UAE Grew 5.1 per cent in 2003 To 3.2 billion euros, while German imports from the UAE stood at 232.9 million euros, up 28 per cent Over 2002. The file said that tourism is also one of sector of potential growth with German holidaymakers rising in 2003 to 220,000. (The Emirates News Agency, WAM)


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