Arab Today, arab today uae us secretary of commerce explore investment opportunities
Last Updated : GMT 16:17:18
Arab Today, arab today
Arab Today, arab today

UAE, US secretary of commerce explore investment opportunities

Arab Today, arab today

Arab Today, arab today UAE, US secretary of commerce explore investment opportunities

Abu Dhabi - WAM

Sultan bin Saeed Al Mansouri, Minister of Economy has said the UAE-US ties were growing steadily and set to witness further progress thanks to the strong mutual will of the two friendly countries to take them to new heights. Al Mansouri noted during a meeting with visiting US Secretary of Commerce Penny Pritzker that promising opportunities and avenues, mainly key economic sectors like knowledge economy, that could deepen bilateral cooperation had not been harnessed yet given the US status as the world's largest economy and UAE status as the second largest Arab economy. He said that the UAE Vision 2021 sets contribution of knowledge-based economy to the GDP at about 5%. ''The UAE can draw lessons from the US experiment in this sector,'' he added. Al Mansouri said that opportunities for joint cooperation in renewable energy, were promising, in light of the fact that the UAE, despite being a key oil producer, has become an industry leader in a short span of time and its impressive experiment has provided inspiration to many countries including advanced ones. The minister said the World Expo 2020 in Dubai would generate huge investment opportunities for both local and foreign investors and business men including those from the US. The current visit of US trade mission to the UAE, he said would provide an insight into the available opportunities, and the ideal local investment and business climate. For her part, US Secretary of Commerce Penny Pritzker said UAE-US relations were witnessing accelerating expansion at a time when the UAE was investing heavily in infrastructure and transport systems. She added that US exports to UAE stood at US$ 23 billion in 2012, up 111% since 2010. She marvelled at the comprehensive progress the UAE has made not only on urban development but also in modern facilities and services. She added that companies escorting her on the UAE trip were interested in investing in UAE and the region. She noted that the UAE winning of the bid to host Expo 2020 in Dubai had not come from vacuum, rather from the good reputation of the UAE and its ability to surprise the world by hosting an exceptional edition of world expo. She praised the US trade ties with the UAE as ''flourishing'', inviting US companies to tap investment opportunities on offer in the UAE market. Secretary Pritzker is leading an Infrastructure trade mission of 21 U.S. firms looking for export opportunities in the U.A.E. This is the first visit of a sitting U.S. Secretary of Commerce with an accompanying trade mission to the Gulf region in 15 years. The mission highlights infrastructure export opportunities for U.S. businesses with an emphasis on project management and engineering (construction, architecture and design), clean and renewable energy (solar, wind, waste-to-energy), smart grid and energy efficiency, and environmental technologies (water/wastewater, air pollution control, and waste management). She expressed the hope that this trade mission would lead to many more mutually-beneficial relationships between the two nations.

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 uae us secretary of commerce explore investment opportunities Arab Today, arab today uae us secretary of commerce explore investment opportunities

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 05:29 2017 Tuesday ,21 February

Sovereign funds pulled $38bn from markets in 2016

GMT 05:15 2017 Tuesday ,21 February

Gold firms as markets await Trump tax plans

GMT 04:58 2017 Tuesday ,21 February

EU, IMF in ‘common position’ on Greece crisis

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
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