Emirati Minister of Finance Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum has met with UK’s Minister of Investment Lord Gerald Edgar Grimstone to discuss expanding economic cooperation between the two countries.
The pair discussed ways to “leverage new growth opportunities in various areas including trade, investment, and innovation,” UAE state news agency WAM has reported.
“The continued growth of the robust relationship between the UAE and the UK demonstrates the resilience of our ties in an evolving global environment. Building on our historical bonds, the UAE is keen to work closely with the UK to promote sustainable prosperity and security not only for our two nations but also the world,” the UAE minister said.
He added: “We are also keen to forge partnerships to develop solutions to critical global challenges and expand the exchange of knowledge, skills and ideas.”
The UAE is said to be the UK’s third-largest trading partner outside Europe, and its biggest in the Middle East. The Gulf nation also receives around 1.5 million visitors from the UK every year.
Both ministers particularly talked about diversifying the two countries’ bilateral economic relationship – boosting partnerships in vital sectors like energy, infrastructure, technology, and life sciences.
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