UAE, US Strengthening Business Cooperation
Muhammad Irfan Published September 23, 2021 | 10:45 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 23rd Sep, 2021) Abdullah bin Touq Al Marri, UAE Minister of Economy, and Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, met with Gina M. Raimondo, U.S. Secretary of Commerce, in the presence of Mohammed Ali Al Shorafa Al Hammadi, Chairman of the Abu Dhabi Department of Economic Development, and several officials of the two countries.
The meeting witnessed the signing of a memorandum of understanding between the United Arab Emirates, represented by the Ministry of the Economy, and the United States of America, represented by the U.S. Department of Commerce, on strengthening cooperation in areas of digital economy, innovation and entrepreneurship.
The memorandum aims at developing a strategic partnership between the two countries and enhancing the position of the UAE as a preferred trade destination.
Under the memorandum, the two sides agreed to develop an integrated mechanism for coordination between stakeholders at the governmental and private sectors, to exchange expertise and knowledge, intensify dialogue, transfer technology and share best practices and policies in the target areas.
They also reviewed ways of promoting cooperation between entrepreneurs and small and medium-sized projects in the two countries.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago