Dubai PR Network, Online Press Release from Dubai and Middle East
Government Sector(Government, Legal & Humanity)
Filter PR by
Ministry of Economy to strengthen economic & trade relations with Chad

H.E. Eng. Sultan bin Saeed Al Mansoori, Minister of Economy, recently received H.E. Mohamed Hamed Kawa, Minister of Commerce and Industry of the Republic of Chad, and his accompanying delegation at the headquarters of the General Civil Aviation Authority (GCAA) in Dubai.

The two sides discussed the strengthening of economic relations between their countries, the importance of cooperation in the field of civil aviation, the potential to increase trade, and the exploration of investment opportunities in priority sectors. They also touched on strategies for introducing the UAE’s business community to major economic and investment opportunities in the Republic of Chad.

The meeting was attended by H.E. Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, the Ministry of Economy’s Undersecretary of Economic Affairs; H.E. Saif Mohammed Al Suwaidi, Director General of the GCAA; H.E. Juma Mohammed Al Kait, the Ministry of Economy’s Assistant Undersecretary for Foreign Trade Affairs; and Amer Al-Menhali, Chargé d'Affaires of the UAE Embassy in Chad.

H.E. Eng. Al Mansoori voiced the UAE’s commitment to reinforcing its economic, trade and investment relations with the Republic of Chad, noting the great potential for productive cooperation in these areas. He emphasized the importance of meetings and intensified dialogue in identifying frameworks for future cooperation; exploring opportunities; and introducing the UAE’s business community to the economy, legislative and regulatory frameworks, and the investment elements of the Republic of Chad’s key sectors.

H.E. Eng. Al Mansoori reported that trade with Chad has grown significantly over the past few years, rising from USD 177 million in 2015 to USD 245 million last year.

The Minister said that civil aviation is an important area of cooperation which provides a foundation for promoting various other commercial and investment activities. He noted that Chad’s strategic geographical location makes it a major corridor for international aviation, and so the possibility of organizing direct flights between the two countries should be considered.

H.E. added that the UAE also looks forward to exploring cooperative prospects in several other sectors supported by Chad’s economy, most notably investments in infrastructure, agriculture and livestock.

For his part, H.E. Kawa expressed his country's interest in forging stronger economic ties with the UAE and benefiting from the latter’s proven economic model which has enabled sustainable progress. In this regard, H.E. Minister Al Mansoori emphasized the UAE’s keenness to cooperate with Chad in transferring knowledge and exchanging experiences.

Chad’s Minister of Commerce and Industry also highlighted the importance of ongoing preparations for an economic forum on trade and investment opportunities in the Republic of Chad to be held in Abu Dhabi in September. He said that the event will be an important opportunity for reviewing Chad’s economic environment and its vibrant and promising sectors. He added that it will open the door for UAE investors to learn more about Chad’s existing economic system, the country’s efforts to further develop its economy, and the mutual benefits of such activities to the friendly countries. 

Posted by : Dubai PR Network Editorial Team
Viewed 2178 times
PR Category : Government, Legal & Humanity
Posted on : Monday, August 28, 2017  5:04:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Supreme Legislation Committee reviews legislative plan of Ro...
Next Story : DMCA continues training holders of marine driving licenses
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
LG DUALCOOL Air Conditioner Builds a Tower of Chocolate [11926-Views]
Dune London: The Autumn/Winter17 campaign [9132-Views]
Contour, Highlight and Bronze your Body with Ease with Madame LA LA [7363-Views]
Max Mara: Iconic Coats - Manuela & Teddy. [7350-Views]
DS Podium GMT Chronometer: Because time knows no borders [7253-Views]
Vintage is the rage for new Chronofighter range [7186-Views]
India's famous fashion designer Suneet Varma brings his collections to Dubai [6997-Views]
Italian Trade Agency Kicks Off F&B Promotional Activities in the UAE [6875-Views]
SAINT HONORE Charisma “Twist” for elegant lady [6417-Views]
Ferrari Portofino: the Italian Grand Tourer par excellence [5990-Views]
CITIZEN opens refurbished boutique at Sharjah City Centre [5923-Views]
LG Robots to Connect People for A Better Tomorrow [5844-Views]
Panasonic announces robust plans for Middle East under new leadership [5655-Views]
Exhilarating new Roger Dubuis pop-up boutique in the US [5618-Views]
Mango Fall/Winter17 - Denim Special [5582-Views]
Michael Kors Collection Spring 2018 Fashion Show [5569-Views]
Marina Rinaldi : Ashley Graham continues her role as the face of the brand for the Fall/W... [5490-Views]
Aster DM Healthcare bags Gulf Business Awards-2017 for the “Healthcare Company of the Year... [5386-Views]
TAG Heuer's Globetrotter Exhibition Opens in Dubai Mall on September 15, As Part of an Amb... [5154-Views]
Ulysse Nardin Presents Classico Zheng He [5148-Views]
'COÉGA'S Got You Covered' in New AW17 SPF50 Family Swimwear Collection [4898-Views]
Dubai Culture Takes ‘Dubai Next' to London Design Festival [4837-Views]
The Longines Avigation BigEye: Aesthetics and tradition in a pilot's watch [4782-Views]
Kate Upton, Ashley Graham, Andreea Diaconu, Skai Jackson and more in Michael Kors to a Par... [4776-Views]
New Balance Introduces the 574 Sport in Celebration of the Dubai Mall Store Opening [4538-Views]
RSS Facebook Twitter LinkedDin
Top Sections
Top Stories