30.04.2009 - UAE MoFT proposes strategies to boost Gulf foreign trade
From Menafn.com: UAE Ministry of Foreign Trade (MoFT) Director General H.E. Abdullah Bin Ahmed Al Saleh outlined suggestions to maintain foreign trade growth in the Gulf region amidst the global financial crisis. H.E. Al Saleh said: “One important aspect that has helped the Gulf avoid most of the negative effects of the crisis is the active commercial relations among its members. In 2007, trade within the region amounted to AED 40.4 billion, representing a growth rate of 12 per cent. Most of the Gulf’s countries rank among the top 10 trading partners of the UAE. Our volume of trade with Arab countries rose to AED 32.3 billion in 2007, representing a solid 13 per cent growth.”......Full Article: Source
Print