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UAE, Moldova step up efforts to promote trade

Sultan bin Saeed Al Mansouri, UAE Minister of Economy, met with Moldovan Prime Minister Pavel Filip as part of a high-level delegation visit to Moldova.

Representatives from the government and private sectors, investors and entrepreneurs who were invited to attend the UAE-Moldova Business Forum were also present to discuss potential collaborative efforts.

Al Mansouri said that opportunities abound for the UAE and Moldova to develop their economic relations and push forward mutually beneficial trade, investment and cooperative agreements. The minister assured that the UAE is keen on strengthening its relations with the Eastern European country.

Prime Minister Filip expressed Moldova's interest in enhancing bilateral economic relations with the UAE and to attract UAE investments into the Moldovan economy.

The Prime Minister called on UAE firms to invest and take part in Moldova's growth, as the government has taken several steps to improve the local business sector and attract investments. These measures include simplifying procedures, removing bureaucratic obstacles, establishing ICT regions to foster a business environment driven by technologies and innovation and promoting privatisation in key areas.

- business@khaleejtimes.com