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Hence, we have to accelerate and adopt economic and unitary policies streamline the GCC system.â€
He pointed out that despite the remarkable development of the UAE-Qatar economic relations, the trade exchange between the two countries stood at over AED26.1 billion. He added that the numbers are still below the level of ambitions and aspirations of the wise leadership of the two countries in light of the economic, commercial and investment potential huge owned by the two sides.
The UAE minister said both countries share the economic diversification policies towards building the knowledge-driven economy based on new sources of income away from the dependence on oil. He added that these policies opened wider and promising investment opportunities.
Among other present were Mohammed Thani Murshid Al Rumaithi, President of the UAE Federation of Chambers of Commerce and Industry, Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman of the Chamber of Commerce and industry of Qata, Abdullah Ahmad bin Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Trade and Industry, senior officials from both countries and a number of investors and businesspersons.