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UAE is model of economic development: Mansouri

posted on 12/06/2009: 661 views


Tashkent - The UAE boasts of a successful model for economic development and distinguished relations with countries of the world including Uzbekistan, according to UAE Minister of Economy Sultan Al Mansouri.

At talks with Uzbekistan's Minister for Foreign Economic Relations Elyor Ganiev, the UAE minister said the two countries need to explore new avenues of investment.

He said that operation of UAE banking and financial expertise in the Uzbek financial market could contribute to developing the Uzbek banking system.

The UAE minister said his visit to Uzbekistan aimed at opening new markets for UAE products at countries having growing economies.

For his part, the Uzbek minister said his country eager to develop trade, economic and investment cooperation with the UAE and benefit from the UAE economic and business strengths.

He said his was ready to open its market to UAE products and launching joint ventures in strategic sectors. – Emirates News Agency, WAM

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