UAE, Seychelles discuss economic cooperation at Expo 2020 Dubai
DUBAI, 7th March, 2022 – Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, held a meeting with Devika Vidot, Minister for Investment, Industry, Entrepreneurship and Industry in Seychelles, on the sidelines of Expo 2020 Dubai.
During the meeting, the two sides discussed strengthening the economic partnership between the two nations by exploring new areas of cooperation and agreeing on new frameworks of coordination, facilitating mutual access to their markets for investors and entrepreneurs, capitalising on promising opportunities, and increasing trade and investment flows by focusing on the tourism and clean energy sectors.
Al Falasi said the UAE has adopted an ambitious vision for the next 50 years based on improving economic and commercial openness to the rest of the world and establishing international partnerships and evolving cooperation programmes in priority sectors.
The non-oil trade exchange between the two countries grew 27.3 percent compared to 2020, with non-oil exports up 35.1 percent, re-exports 25 percent, and imports 16.7 percent.