(MENAFN - Khaleej Times) The uae and tatarstan have expressed their strong desire to enhance economic and trade relations between the two countries in various fields.
they resolved to establish strategic partnerships in the industrial oil petrochemical agricultural educational and health domains.
this came during the meeting held on thursday in kazan capital city of tatarstan between the two sides. sultan bin saeed al mansouri minister of economy and tatarstan president rustam minnikhanov co-chaired the meeting. they explored available investment opportunities between the government and private sectors in the two countries.
minnikhanov and al mansouri opened the first uae-tatarstan investment forum on the sidelines of the 6th international economic summit of russia and oic countries kazan summit 2014 which kicked off on thursday. the two-day summit named the uae the guest of honour of the current edition.
the uae-tatarstan investment forum focusses on ways to strengthen cooperation ties between the two friendly countries in addition to tackling joint investment opportunities in the real estate development investment industrial agricultural aviation services and hospitality domains.
prime minister of the republic of tatarstan khalikov ildar shafkatovich and a number of ministers financial industrial economic figures attended the opening ceremony.
during the discussion session tatarstan president hailed the rapid development attained by the uae in the economic development and tourist fields under the leadership of the president his highness shaikh khalifa bin zayed al nahyan and his highness shaikh mohammed bin rashid al maktoum vice-president and prime minister of the uae and ruler of dubai.
he added that tatarstan seeks to share the uae’s development experience through establishing economic and investment partnerships between the government and private sectors of both countries especially in the petrochemical industries fields citing that his country produces annually about 33 million tonnes of oil. he also shed light on other important sectors in tatarstan.
al mansouri affirmed the importance of establishing the investment partnerships in the medical and educational fields.
the uae delegation included abdullah bin ahmed al saleh under-secretary of the ministry of economy-foreign trade sector 40 representatives of government entities and a number of senior officials of the ministry.