Dubai (Al-Ittihad) His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, called on business leaders and investors in Indonesia to take advantage of the position of the UAE, which is a gateway to the vibrant and developed markets in the Middle East and Africa, noting that the UAE aims to increase non-oil trade exchanges with Indonesia. The total value of which amounted to about two billion dollars in 2020, while the total value of non-oil trade between the UAE and Indonesia during the past five years exceeded 11 billion dollars. This came during the UAE-Indonesian Business Forum in the presence of His Excellency Joko Widodo, President of the Republic of Indonesia, which was organized by the Federation of Chambers of the State in cooperation with the Indonesian Chamber of Commerce and Industry “Kaden”, with the participation of a group of senior companies and economic institutions “chambers of commerce, local departments and the Ministry of Economy. His Excellency Al Zeyoudi explained that the recent period witnessed the signing of several agreements that demonstrated the strength of the bilateral investment relationship between the two countries, including the signing by Dubai World of a strategic alliance agreement with the Indonesian Investment Authority to strengthen the maritime transport and ports sector in Indonesia, and this partnership has the potential to create an economic value of up to $7.5 billion. The long-term. Abdullah Mohammed Al Mazrouei, Chairman of the Federation of Emirates Chambers, said: The convening of this forum within the activities of Expo 2020 Dubai confirms the position enjoyed by the private sector in the UAE and Indonesia in facing regional and international challenges and strengthening its relations in the areas of agricultural expertise exchange, information technology, innovation and energy, especially that Indonesia is seen as one of the The most important areas rich in natural resources that contribute to the establishment of competitive and sustainable agricultural investment projects. He added that the Emirates Chambers and the business sector in the country are looking forward, through the comprehensive economic partnership agreement CEPA between the UAE and Indonesia, to achieving closer cooperation in a specific set of tracks, including promoting trade and increasing Emirati exports to the Indonesian market, as well as launching work teams that focus in particular on sectors Infrastructure, renewable energy, trade, logistics, agriculture, food security and the digital economy, so that the Emirati and Indonesian private sectors can progress and work together through joint investment in these areas, leading to commercial production in the sectors of the new economy. For his part, Humaid Mohammed bin Salem, Secretary-General of the Federation of Emirates Chambers, explained that these forums, which bring together representatives of the public and private sectors, are a step for successful partnerships, starting with meetings and frank dialogues that facilitate overcoming common challenges and pave the way for investment cooperation that benefits both parties. He said: The forum is part of the efforts of the Federation of Chambers to open direct B2B channels between business owners, investors and decision-makers, in preparation for the establishment of a strategic partnership that will lead their relations to broader, stronger and more developed horizons in the next stage.
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