UAE, Netherlands explore closer trade ties

Tuesday, 26 March 2019 14:26

The Netherlands is eyeing closer trade and investment cooperation with the UAE.

A high-profile Dutch delegation is currently in the Emirates to explore partnerships across diverse economic sectors.

The team is led by the Mayor of Rotterdam, Ahmed Aboutaleb, who spoke to ARN News.

The Dutch trade mission includes 20 entrepreneurs from water-food and energy sectors aiming to find opportunities in the Gulf region for expanding their business or to set up their organisations.

They will pay high-level visits to numerous authorities and local entities as well as visits to Emirati and Dutch companies.

Mayor Ahmed Aboutaleb explains why such trips are important.

He says discussions with UAE officials will also focus on the Netherlands' plans for Expo2020 Dubai.

More from Business

ENOC signs deal with Allied Biofuels to explore sustainable aviation fuel supply

Dubai-based ENOC Group has signed an agreement with Abu Dhabi company Allied Biofuels Holding to explore the supply and distribution of sustainable aviation fuel, or SAF, from a new production facility being developed in Uzbekistan.
Mexico, EU sign stalled trade deal as they aim to diversify from US

Mexico and the European Union have signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate themselves from President Donald Trump's tariffs.
Dubai announces 5% VAT on Salik, Parkin fees

Starting June 1, a 5 per cent Value Added Tax (VAT) will be applied to parking services provided by Parkin and toll tariff and activation fees under Salik.
Dubai Maritime City launches AED160 million maritime business centre

Dubai Maritime City, one of DP World's flagship developments, has inaugurated the AED 160 million premium Maritime Business Centre 2 (MBC-2) that offers high-quality office spaces in the Commercial District of Dubai Maritime City.