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 25 2014 - Joint statement by the President of the European Council Herman Van Rompuy and the President of the European CommissionMENAFN Press
(MENAFN Press) BRUSSELS Kingdom of Belgium July 25 2014/African Press Organization (APO)/ -- On behalf of the European Union we wish to convey our deepest condolences to the families of the victims ...

 Jul 25 2014 - UN says more support urgently needed to tackle growing food insecurity in the SahelFundingMENAFN Press
(MENAFN Press) ROME Italy July 25 2014/African Press Organization (APO)/ -- The United Nations today called on the international donor community to renew a commitment to fight hunger and food ...

 Jul 25 2014 - UN says more support urgently needed to tackle growing food insecurity in the SahelFunding gapMENAFN Press
(MENAFN Press) ROME Italy July 25 2014/African Press Organization (APO)/ -- The United Nations today called on the international donor community to renew a commitment to fight hunger and food ...

 Jul 25 2014 - Death of British national in Air Algerie crashMENAFN Press
(MENAFN Press) LONDON United-Kingdom July 25 2014/African Press Organization (APO)/ -- It is with deep regret that the Foreign and Commonwealth Office confirms the death of a British man onboard Air ...

 Jul 25 2014 - The United Nations welcomes the signing in Brazzaville of a commitment to peace in the Central African RepublicMENAFN Press
(MENAFN Press) BRAZZAVILLE Republic of the Congo July 25 2014/African Press Organization (APO)/ -- Mr. Abdoulaye Bathily and Lt-General (rtd) Babacar Gaye Special Representatives of the ...

 Jul 25 2014 - On Meriam Ishag and FamilyMENAFN Press
(MENAFN Press) WASHINGTON July 25 2014/African Press Organization (APO)/ -- Press Statement John Kerry Secretary of State Washington DC July 25 2014 Around the world supporters of religious ...

 Jul 25 2014 - Liberia National DayMENAFN Press
(MENAFN Press) WASHINGTON July 25 2014/African Press Organization (APO)/ -- Press Statement John Kerry Secretary of State Washington DC July 25 2014 On behalf of President Obama and all ...

 Jul 25 2014 - Gilas Last Home Stand that never wasArab News
(MENAFN - Arab News) E fiasco that happened on Tuesday night in what was supposed to be the first of two tune-up matches for Gilas Pilipinas against a crack NBA selection certainly left a bad taste ...

 Jul 25 2014 - Kuwait - Sovereign Ratings Affirmed at AA-MENAFN Press
(MENAFN Press) 25th July 2014 Kuwait's Sovereign Ratings Affirmed at 'AA-'RATING ACTIONCapital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Kuwait's ...

 Jul 25 2014 - Indian Tech Mahindra, Saudi Midad Holding sign dealMENAFN
(MENAFN) Indian IT giant Tech Mahindra Ltd has signed a joint venture with Midad Holding to expand its existence in Saudi Arabia, according to Arabian Business.The JV will be called Tech Mahindra ...

more...


 






Google

Click to Apply

 
 

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