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Abudhabi: Stronger Uae-Armenian Trade Relations Discussed

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  • Abudhabi: Stronger Uae-Armenian Trade Relations Discussed

    STRONGER UAE-ARMENIAN TRADE RELATIONS DISCUSSED

    WAM - Emirates News Agency
    Nov 20 2012
    UAE

    WAM ABU DHABI: Minister of Foreign Trade, Sheikha Lubna bint Khalid Al
    Qasimi, and Armenian Minister of Foreign Affairs, Edward Nalbadian,
    today today discussed ways to strengthen and promote trade and
    investment relations between the two countries.

    In remarks at the meeting, Sheikha Lubna stressed on the UAE's
    commitment to supporting and developing its relations with Armenia,
    pointing out to the need to develop joint investments in the food and
    agriculture sectors and the abundance of green farmlands and pasture
    areas in Armenia.

    She also urged Armenian companies to benefit from the UAE's unique
    geographic location as a gateway between east and west, adding that it
    would provide Armenian food companies with an opportunity to reach
    many world markets. She also called on them to take advantage of
    the UAE's attractive and flexible investment legislations and high
    standards of living, underlining the importance of strengthening and
    utilizing the role of air transport in widening the channels of trade
    and investment between the two countries.

    Sheikha Lubna also pointed out to the advanced global position the
    UAE now holds with regards to its imports of agricultural and food
    products and to the growth and development of its investments in the
    food sector, which has witnessed many advances especially in the dates
    industry, in which that UAE has become a highly competitive producer
    and exporter. She also added that the country is currently ranked at
    the foremost in the world in the re-export of a number of strategic
    agricultural products.

    She also discussed with the visiting delegation supporting and opening
    up export channels for domestically produced commodities to markets
    neighboring Armenia such as Russia and Eastern Europe.

    http://www.wam.ae/servlet/Satellite?c=WamLocEnews&cid=1290001848108&pagename =WAM%2FWAM_E_Layout&parent=Query&parentid=11350993 99852

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