(MENAFN- Khaleej Times) Wato dubai facilitates and encourages bilateral ties between the middle east and african region with western australia.
the western australian trade office in dubai or wato announced that trade between western australia and the uae reached dh3.4 billion in 2013 and that currently 57.1 per cent of the trade between the two countries is carried out with western australia.
wato dubai facilitates and encourages bilateral ties between the middle east and african region with western australia. in 2013 a high-level business delegation was led by uae minister of economy sultan bin saeed al mansouri to western australia to explore ways of strengthening economic and trade relations with the state.
“western australia is the powerhouse driving australia’s economy accounting for 46 per cent share of total australian exports. a mere 10-hour flight away the uae is one of western australia’s biggest trading partners for mineral and agriculture commodities. with established business relations and growing bilateral ties the state is fast increasing its presence in the uae and in the middle east and africa” said pankaj savara commissioner of the wato.
the state is one of the fastest-growing economies in the world holding international recognition for its primary resource industries — agriculture nining and oil and gas. this year a memorandum of understanding was signed between the government of western australia and the common market for eastern and southern africa or comesa with the objectives of sharing knowledge and technology between western australia and comesa states across the fields of mining petroleum and agriculture.
“the gulf and africa look to western australia for raw materials for agribusiness and resources. the growing air connectivity between the two regions has improved understanding of western australia’s capabilities and has increasingly solidified perth western australia as the gateway to australia. this has been reflected by continued visits by high powered ministerial delegates and the signing of an mou” added savara.
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