UAE, Spain to bolster economic ties

October 27, 2020

The discussion took place during a virtual meeting between the ministers, with the participation of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Majid Al Suwaidi, UAE ambassador to Spain…reports Asian Lite News

Abdullah bin Touq Al Marri, UAE Minister of Economy, has discussed bilateral relations shared by the UAE and Spain with Reyes Maroto Illera, Minister of Industry, Trade and Tourism of Spain.

The discussion took place during a virtual meeting between the ministers, with the participation of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; and Majid Al Suwaidi, UAE ambassador to Spain; in addition to a number of officials from both sides.

The meeting discussed prospects for strengthening economic relations between the UAE and Spain, as the volume of non-oil trade exchange was recorded at US$2.5 billion in 2019. The two sides discussed ways to enhance economic and trade cooperation, particularly in the fields of advanced technology, tourism, food security, transportation, air transport and renewable energy.

Bin Touq affirmed the UAE’s keenness to enhance joint cooperation efforts with Spain to raise the strategic partnership between the two countries to new heights.

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