ID :
9403
Thu, 06/05/2008 - 14:10
Auther :
Shortlink :
https://www.oananews.org//node/9403
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UAE IS FINLAND'S MOST IMPORTENT TRADE PARNER OUTSIDE EU
Hilsinki, June 5 (WAM)- With two-way trade expected to hit Dh5 billion in 2008, the UAE is Finland's most important trade partner outside the European Union, according to Paavo Vayrynen , Minister for Foreign Trade and Development in Finland.
Speaking to WAM, Vayrynen said his country was keen to bolster the already strong ties with the UAE .
"As of now, I can say that our relations with the UAE are witnessing a qualitative leap. Being a major centre for re-export of Finnish products, the UAE is undoubtedly our largest trade partner in the Middle East and also the most important partner outside the European Union", he said, In view of current exchange of visits between officials, UAE-Finnish ties are set to grow at a greater pace, he said, adding that several ministers from Finland visited the UAE recently.
The Minister expressed his wish to see more UAE investments in Finland.
He said: "There are more than 40 Finnish companies in the UAE, operating in diverse areas such as construction, communications etc. It is our hope that UAE investors would take up opportunities offered by Finland in the areas of advanced technologies, telecommunication and clean energy technologies".
As a leader in clean energy technologies, he said, Finland is looking forward to cooperating closely with Masdar Initiative, an innovative Abu Dhabi project to invest in alternative and clean energy.
Speaking to WAM, Vayrynen said his country was keen to bolster the already strong ties with the UAE .
"As of now, I can say that our relations with the UAE are witnessing a qualitative leap. Being a major centre for re-export of Finnish products, the UAE is undoubtedly our largest trade partner in the Middle East and also the most important partner outside the European Union", he said, In view of current exchange of visits between officials, UAE-Finnish ties are set to grow at a greater pace, he said, adding that several ministers from Finland visited the UAE recently.
The Minister expressed his wish to see more UAE investments in Finland.
He said: "There are more than 40 Finnish companies in the UAE, operating in diverse areas such as construction, communications etc. It is our hope that UAE investors would take up opportunities offered by Finland in the areas of advanced technologies, telecommunication and clean energy technologies".
As a leader in clean energy technologies, he said, Finland is looking forward to cooperating closely with Masdar Initiative, an innovative Abu Dhabi project to invest in alternative and clean energy.
