The UAE will host Expo 2020!
  • Arabic
Supported by the UAE National Media Council
We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

UAE and Belgium sign initial investment draft agreement

posted on 18/11/2003: 548 views

UAE and Belgium yesterday signed the initial draft of an investment protection agreement with the final draft of the agreement to be signed in March at the official visit of the Belgium Crown Prince to the UAE, said Khamis Nasser Al Suwaidi, Director, Investment Department, Ministry of Industry and Finance. He said: "The main objective of the agreement is to further strengthen the trade and commercial relation with friendly countries and exchange expertise and know-how and encourage investments and joint ventures between businessmen in the two countries.

"The signing of the agreement has come following the second round negotiations and deliberations between the UAE representatives and the Belgium delegation in the Ministry of Finance and Industry premises, according to a report in +Khaleej Times.+ "The agreement will help boosting trade and investments between the UAE and Belgium for it protect private and public investments in both countries and allow smooth flow of revenues without any restrictions."

He continued: "The UAE has chalked up an interesting Investments law to facilitate investors' job and help them to operate in a comfortable business environment to achieve their goals. The UAE has done so well in relaxing norms for foreign direct investments to ensure growth in all economic sectors. "In the last ten years UAE has attracted huge number of investors and foreign capitals in several sectors of business and is working hard to facilitate investments to allow more direct investments into the country." He added: The two countries have earlier on, in 1997 signed a Double Taxation Avoidance Agreement to draw up the first line on the legal framework between the two countries. (The Emirates News Agency, WAM)


29 June 2017 Mohamed bin Zayed gets phone call from Bill Gates
22 June 2017 Mohamed bin Zayed, Serbian President discuss bilateral ties of friendship, cooperation
22 June 2017 Mohamed bin Zayed holds talks with French President
22 June 2017 Abu Dhabi Crown Prince, French FM discuss strengthening relations
14 June 2017 Mohamed bin Zayed and President of Russia discuss regional development, efforts to combat terrorism

Most Read