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UAE joins forum of gas exporting countries
The Federal Cabinet in its meeting on Tuesday endorsed UAE’s decision to join the Gas Exporting Countries Forum (GECF). an inter-governmental organisation of 12 of the world’s leading natural gas producers.
The other members of the forum are Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela.
The meeting was chaired His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, at the Presidential Palace in Abu Dhabi.
Shaikh Mohammed chairs the Cabinet meeting in Abu Dhabi. — Wam
The Cabinet welcomed the outcome of the 14th consultative summit of the Gulf Cooperation Council (GCC) held in Riyadh, which emphasised the importance of boosting joint cooperation to create a comprehensive framework that catalyses development for the best interest of the peoples of the Gulf states.
Shaikh Mohammed highlighted the substantial development the UAE has attained and praised the active role the UAE plays on the regional and international arena; a role founded on the sound principles set by the founding fathers of the country.
The Cabinet also endorsed UAE’s membership in the Arab Union of Land Transport (AULT) in addition to a bilateral air transport and services agreement between the UAE and Lithuania.
AULT is a pan-Arab organisation representing road transport interests in Arab League countries. Its members consist mainly of public and private operators of collective passengers and freight transport, primarily cross-border.
The meeting also approved a memorandum submitted by the Ministry of Finance concerning standards and specifications set by the Emirates Authority for Standardisation & Metrology (ESMA) to guarantee best quality of goods and services in the country.
The meeting was also attended by Lt-Gen. Shaikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior; Shaikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister for Presidential Affairs; and other Cabinet members.
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