Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE Romania meeting discusses collaboration  Join our daily free Newsletter

MENAFN - Khaleej Times - 05/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The third uae-romania joint economic committee meeting concluded at bucharest with the two countries pledging to strengthen cooperation in the tourism education research health industry sme?s renewable energy civil aviation agriculture and food security sectors.

led by sultan bin saeed al mansouri minister of economy the uae delegation held talks over a two day period with the romanian economy minister constantin nita and senior government officials.

in his opening speech al mansouri said: “bilateral trade ties between the uae and romania have grown significantly in the recent past. the uae believes there is ample scope to expand the relationship. although non-oil bilateral trade volume between the two countries has almost doubled between 2012 and 2013 from 249 million up to 445 million we think these numbers do not live up to our ambitions for a stronger economic relationship between our countries especially when we consider the vast trade potential in both the uae and romania.”

“with more concerted efforts we can take greater advantage of the available opportunities and increase our bilateral trade volume to more than 1 billion in the medium term” he said.

the minister of economy highlighted the economic indicators for the uae underlining growth by nearly 231 times since the formation of the federation in 1971 that has positioned it as the second largest arab economy at present.

the romanian minister of economy for his part expressed keen intent in developing economic ties with the uae across all sectors that serve the interests of the two nations. he pointed out that romania can serve as an important trading partner for the uae as its gateway to europe given its location attractive investment environment infrastructure and skilled workforce.

the romanian minister also offered an overview of romania’s economic performance noting that it registered the highest growth rate in the eu during 2013 at 3.5 per cent. the first quarter of 2014 saw the romanian economy grow a further 3.8 per cent with a low inflation rate of 1.9 per cent. romania additionally achieved the highest volume of exports in 23 years reaching €50 billion in 2013. nearly 76 per cent of romania’s exports to the eu are industrial products.

— business?khaleejtimes.com


 






  MENA News Headlines
 Jul 23 2014 - Ban confident ongoing diplomatic shuttle diplomacy soon lead to ceasefire in GazaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Secretary General Ban Ki-moon on Tuesday expressed "hope and belief" that his and other officials' peace missions to the Middle East will lead to an end of the ...

 Jul 23 2014 - Kuwait- Min. Al-Sabeeh dissolves charity, proclaims othersKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Minister of Social Affairs and Labor Hind Al-Sabeeh on Tuesday issued a resolution to dissolve a charity and the proclamation of a number other civil society ...

 Jul 23 2014 - France- Fabius laments Palestinian death toll, says "massacres" are unacceptableKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) French Foreign Minister Laurent Fabius on Tuesday called for "an immediate cease-fire" in Gaza and said that the deaths of more than 600 Palestinians killed by ...

 Jul 23 2014 - MEPs denounce Israeli atrocities in GazaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Parliament's Foreign Affairs Committee Tuesday debated the situation in Gaza with Hughes Mingarelli, Managing Director in the EU foreign service for ...

 Jul 23 2014 - Ban said Gaza conflict root causes should be solvedKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) UN Secretary General Ban Ki-moon said Tuesday root causes of the conflict in Gaza Strip should be solved for good.The situation in Gaza "is unacceptable," Ban ...

 Jul 23 2014 - Kuwait- Info. Min. revokes local newspaper, TV channel licensesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Information Ministry has revoked the licenses of local newspaper and TV satellite channel because they did not fully honor them, a ministry official said ...

 Jul 23 2014 - Saudi King, Qatari Amir meet to discuss Palestine-related developmentsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Saudi King Abdullah bin Abdulaziz held talks with visiting Qatari Amir Sheikh Tamim bin Hamad Al-Thani Tuesday on the developments in occupied Palestinian ...

 Jul 23 2014 - US finds UNRWA handling of rockets in Gaza school unacceptableKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The US found the UN Relief and Work Agency's (UNRWA) handling of the rockets found in a Gaza school to be unacceptable after the group asked local police to ...

 Jul 23 2014 - World should end Israeli arrogance - Kuwait MP Al-ShayeaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwaiti MP Faisal Al-Shayea called on Tuesday for putting an end to the Israeli "arrogance" which was the cause of the death of children and women, and ...

 Jul 23 2014 - Algeria, Tunisia underline importance of security, military cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Algerian Foreign Minister Ramtane Lamamra said Tuesday a meeting, co-chaired Tuesday by Prime Minister Abdulmalek Sellal and Tunisia's Prime Minister Mahdi Jomaa, ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help