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UAE, Paraguay to increase economic and trade ties
(MENAFN) The UAE's gross domestic product surpassed USD 0.43tr last year and IMF estimates growth over 3 percent, as stated UAE Minister of Economy.
Accordingly, trade between the UAE and Paraguay reached USD 68.8mn by the end of 2014, and the large economy of both sides enhanced scope to build upon existing statistics.
Paraguay Minister emphasized the host of the Emirati investors and invites their partnership with the UAE in many industries, particularly food security.
In addition, Paraguay is land of pastoral agriculture that involves cattle and sheep breeding, while almost 90 percent of the rural areas are considered agricultural.
Accordingly, trade between the UAE and Paraguay reached USD 68.8mn by the end of 2014, and the large economy of both sides enhanced scope to build upon existing statistics.
Paraguay Minister emphasized the host of the Emirati investors and invites their partnership with the UAE in many industries, particularly food security.
In addition, Paraguay is land of pastoral agriculture that involves cattle and sheep breeding, while almost 90 percent of the rural areas are considered agricultural.
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