Quotes: 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


 


Khaleej Times




  MENA News Headlines
 Nov 24 2014 - Pharrell joins line-up for New Years Eve bash in DubaiKhaleej Times
(MENAFN - Khaleej Times) The multiple Grammy award winner is just one of a handful of artists set to take part in the show that will be broadcast live to more than 130 countries. It’s fair ...

 Nov 24 2014 - UAE- Why Aniston is one up on Kim KardashianKhaleej Times
(MENAFN - Khaleej Times) Aniston who posed nude for Rolling Stone magazine in 1996 says I was an original. Shunning the hype around reality TV star Kim Kardashian’s derriere picture Jennifer ...

 Nov 24 2014 - UAE- Football legend Gary Lineker on playing presentingKhaleej Times
(MENAFN - Khaleej Times) England football ace Gary Lineker reveals his tricky transition from playing to presenting and why hes envious of the modern game. As an English person meeting Gary ...

 Nov 24 2014 - Algerian Prime Minister Leaves DohaQatar News Agency
(MENAFN - QNA) Algerian Prime Minister Abdelmalik Sellal left Doha on Monday, wrapping up an official visit to the country.      Sellal was seen off upon departure at Doha International Airport by ...

 Nov 24 2014 - Oman Oil subsidiaries sign USD44.15m deals with SMEsMENAFN
(MENAFN) Oman Oil Company's (OOC) said that its subsidiaries and affiliates have signed 35 contracts with local Small and Medium Enterprises (SMEs), with an estimated worth of USD44.15 million, Times ...

 Nov 24 2014 - Kuwait's exports of crude oil to China hit 27.8 percent growth in OctMENAFN
(MENAFN) Kuwait's crude oil exports to China grew 27.8 percent in October from a year earlier to 986,000 tons, equivalent to around 233,000 barrels per day (bpd), data showed, QNA reported.Kuwait's ...

 Nov 24 2014 - GCC petrochemical revenue hits USD89.4b In 2013MENAFN
(MENAFN) According to the Gulf Petrochemicals & Chemicals Association (GPCA), GCC's petrochemical industry posted USD89.4 billion in revenue in 2013, increasing by USD6 billion compared with 2012's ...

 Nov 24 2014 - Oman considers spending cuts, raising taxMENAFN
(MENAFN) Oman's government is reportedly considering spending cuts and raising taxes, including the tax on liquefied natural gas exports, as the Gulf country attempts to deal with the drop in its ...

 Nov 24 2014 - Qatar's Rolls Royce sales up 37 percent in Q3MENAFN
According to Rolls Royce, Qatar has become the fastest growing market for the car manufacturer in the Middle East, after it has registered an increase by 37 percent in sales during the July-September ...

 Nov 24 2014 - Saudi quarry production to reach 327m in 2014MENAFN
(MENAFN) The GCC construction sector has been steadily growing for the last two decades led by the United Arab Emirates (UAE) and Saudi Arabia, which resulted in Saudi deciding to increase its quarry ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help