(MENAFN- Khaleej Times) The UAE Ministry of Finance, or MoF, recently signed a final agreement to protect and encourage investments with the Netherlands.
The signing took place at the ministry's headquarters in Abu Dhabi.
The agreement was signed by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, on behalf of MoF and the Dutch Minister of Economic Affairs, Henk Kamp, on behalf of the Netherlands; in the presence of Younis Haji Al Khouri, Undersecretary of MoF; Khalid Ali Al Bustani, assistant undersecretary of the international financial relations sector at MoF; and Yousuf bin Hajar, deputy director of the regional and international financial relations department.
Al Tayer said: "The UAE consistently strives to expand its trade and investment network throughout various countries, which reflects the Federal Government's belief in supporting and protecting UAE investments around the world. The signing of this agreement with Netherlands is a prime example of this, and will provide solid opportunities for UAE investors."
He added: "Finalising agreement is vital for UAE investors in terms of expanding projects in Netherlands, as it will safeguard against non-commercial and political risks limiting their expansion. This will have a positive impact in terms of stimulating movement of trade and investments between UAE and Netherlands."
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