Discussions between Syria and the UAE to reactivate the Syrian-Emirati Businessmen Council
16/10/21 Filed in: Economic
Dubai, United Arab Emirates (CNN) – Officials of Syria and the UAE held talks on Sunday to re-form and activate the Syrian-Emirati Businessmen Council, according to the official Syrian News Agency (SANA).
#ًUAE and #Syria agree on future plans to enhance economic cooperation and explore new sectors in the next stage.#MoE pic.twitter.com/t44yVAav9e
— Ministry Of Economy - United Arab Emirates (@Economyae) October 10, 2021
On the sidelines of the Expo 2020 Dubai, talks took place between the Syrian Minister of Economy and Foreign Trade, Muhammad Samer Al-Khalil, and his Emirati counterpart, Abdullah Tawk.
The two ministers discussed economic issues of common interest, including the agreement to re-form and activate the Syrian-Emirati Businessmen Council with the aim of encouraging trade exchange, investment and cooperation on the economic level between the two countries, according to SANA.
In the meeting, the Syrian Minister of Economy stressed the importance of the two countries' relations and presented the latest laws in Syria, especially the investment law.
The two ministers agreed on the importance of diversifying the economy for economic stability, in addition to medium and small projects, as they constitute the largest percentage of projects operating in the two countries, and are the main support and main driver of the economy. The importance of reviving bilateral cooperation in all economic sectors was also discussed.
The Syrian Minister of Economy congratulated the UAE on the achievement of the Expo 2020 Dubai, especially in light of the challenges of the Corona epidemic.
For his part, the UAE Minister of Economy expressed his country's readiness to provide support to Syria by transferring the successful Emirati experience in the economic sector, according to "SANA".
The meeting was attended by the Syrian ambassador to the United Arab Emirates, Ghassan Abbas.
The UAE reopened its embassy in the Syrian capital, Damascus, in December 2018.
The UAE cut relations with Syria in February 2012, with the escalation of the repression of protests calling for regime change and the transformation of the war of conditions into armed confrontations.
The two ministers discussed economic issues of common interest, including the agreement to re-form and activate the Syrian-Emirati Businessmen Council with the aim of encouraging trade exchange, investment and cooperation on the economic level between the two countries, according to SANA.
In the meeting, the Syrian Minister of Economy stressed the importance of the two countries' relations and presented the latest laws in Syria, especially the investment law.
The two ministers agreed on the importance of diversifying the economy for economic stability, in addition to medium and small projects, as they constitute the largest percentage of projects operating in the two countries, and are the main support and main driver of the economy. The importance of reviving bilateral cooperation in all economic sectors was also discussed.
The Syrian Minister of Economy congratulated the UAE on the achievement of the Expo 2020 Dubai, especially in light of the challenges of the Corona epidemic.
For his part, the UAE Minister of Economy expressed his country's readiness to provide support to Syria by transferring the successful Emirati experience in the economic sector, according to "SANA".
The meeting was attended by the Syrian ambassador to the United Arab Emirates, Ghassan Abbas.
The UAE reopened its embassy in the Syrian capital, Damascus, in December 2018.
The UAE cut relations with Syria in February 2012, with the escalation of the repression of protests calling for regime change and the transformation of the war of conditions into armed confrontations.
