Arab Today, arab today first ever uaecuba investment forum opens in dubai
Last Updated : GMT 22:06:29
Arab Today, arab today
Arab Today, arab today

50 delegates highlighting the opportunities

First ever UAE-Cuba investment forum opens in Dubai

Arab Today, arab today

Arab Today, arab today First ever UAE-Cuba investment forum opens in Dubai

UAE-Cuba investment forum
Dubai - Arab Today

The first ever bilateral UAE-Cuba Investment Forum was attended by over 50 delegates highlighting the opportunities for investment in the Cuban economy. It was the culmination of a week-long programme for a group of senior Cuban Government officials and businessmen led by HE Rodrigo Malmierca Diaz, Cuba's Minister of Foreign Trade and Investment, who also visited a number of businesses and organisations in Abu Dhabi and Dubai.

Director of Economic Affairs and International Cooperation Department at MoFA Fahad Al Taffaq said: "The recent visit of UAE Foreign Minister H.H. Sheikh Abdulla bin Zayed Al Nahyan to Cuba, during which was the official opening of the UAE Embassy in Havana, marked a historical milestone for both countries".

"We stress the importance of a sound legal framework for the relationship to grow. In that regard, we hope to see an agreement for the Avoidance of Double Taxation and Investment Protection Agreement between the UAE and Cuba in the future" he said.

"Cuba is a prominent country in the Caribbean region, and we look forward to promoting Cuba as a hub for UAE investments in the region. We note the Potential for the UAE & Cuba to invest together in the Caribbean region," he added.

"Our bilateral relations have developed over the past few years in all areas of cooperation, and we look forward to the continuation of such visits in order to develop and strengthen our bilateral relations. It brings me great pleasure to bear witness to this vital juncture of our bilateral history, and I look forward to the positive impact of this Forum on both countries." H.E said.

DP World Chairman Sultan Ahmed Bin Sulayem said: "The UAE is a trading hub and Cuba provides another market for businesses here to explore and develop their interests. In partnership with MoFA we are working to provide this platform to network and make contact with senior Cuban officials who can help create the environment for business to flourish.

"DP World has extensive experience in the global supply chain, across ports, logistics, free zones, as well as trade generally, thanks to the vision of our leaders to explore new growth strategies that is being realised by our continued focus on developing and emerging markets. In particular, Latin America continues to be a key part of our operations and we have made a major impact on economies and communities as an employer in the region for the long term. With our understanding of regional and global trade issues we are delighted to contribute to these discussions and the business opportunities that may well arise."

DP World Chief Executive Officer Mohammed Sharaf, said: "Firm partnerships form the foundations of trade and global business transactions and these relationships need to be forged over time in new markets in order for agreements to develop. Events such as this create the conditions for those relationships to be nurtured and the opportunity to build bilateral trading ties between our two countries will bring benefits for all parties for the future."

Topics under discussion at the Forum included the current investment climate in Cuba, special development zones in the country, opportunities in the Cuban genetic engineering, biotechnology and pharmaceutical sectors and investment opportunities for Cuban businesses in the UAE.
Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today first ever uaecuba investment forum opens in dubai Arab Today, arab today first ever uaecuba investment forum opens in dubai

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday