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[PIO] Meeting of the Minister of Finance with the Ambassador of the United Arab Emirates

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The Minister of Finance, Mr Makis Keravnos, today held a formal meeting with the Ambassador of the United Arab Emirates (UAE) in Cyprus, Mr Mohamed Saif Helal Mohamed Al Shehhi, at the Ministry of Finance. During the meeting, views were exchanged on economic and trade relations between the two countries and ways to further strengthen them.

The UAE Ambassador stressed the importance attached to economic relations with all member states of the European Union, including Cyprus. He underlined that the long-standing excellent bilateral relations, as well as the important geographical location of our country, were an important factor in the strengthening of bilateral relations with the opening of an embassy in 2016. This development continues to be considered sufficiently helpful in further strengthening cooperation between the two countries. At the same time, he expressed the belief that Cyprus - UAE relations could be expanded especially in areas such as Green and Digital Transition, Tourism, Health and Education.

For his part, Mr. Minister, after giving a brief presentation on the state of the Cypriot economy and the Government's objectives, stressed the importance attached to strengthening economic ties between the two countries and welcomed the recent visit of a UAE delegation headed by Mr. Saeed Al Hajeri, Assistant Minister of Foreign Affairs for Economic and Commercial Affairs. He noted that further deepening of economic and trade relations between the two countries will be beneficial for all. Special reference was made to the opportunities presented especially in the tourism and services sectors. Mr. Keraynos and Mr. Al Shehhi agreed to continue constructive contacts.

(ΕΠ/ΣΧ)
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