Al Mazrui Discusses with the Austrian Foreign Minister strengthening Economic Cooperation

  • Abu Dhabi, United Arab Emirates
  • 13 September 2021
1

The President of the Union of Arab Chambers and Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, Abdullah Mohammed Al Mazrui, discussed with the Minister of Foreign Affairs of Austria, Alexander Schallenberg, ways to enhance the prospects for investment and commercial cooperation between Arab entrepreneurs and the Republic of Austria, to serve the business environment and the interests of investors on both sides. This came during the visit of the Austrian Foreign Minister and the accompanying diplomatic delegation to the headquarters of the Abu Dhabi Chamber of Commerce and Industry. Al Mazrui expressed his happiness at Minister Schallenberg's visit to the Chamber, he stressed that "the visit reflects the keenness of the Austrian leadership towards strengthening relations between the UAE and the Republic of Austria on the one hand, and between the Arab countries and Austria on the other, which pushes the solid relations to broader horizons of close cooperation on many levels, especially in the economic field, investment, and other developmental areas of common interest”.

Al Mazrui stressed that "the UAE is the most important economic partner for Austria in the region, which is translated by the periodic coordination meetings, which aim to strengthen partnership and develop frameworks for trade and investment cooperation, based on the support of the leaderships of the two countries and the size of the opportunities offered by the economies of the UAE and Austria, in addition to their agreement on the principles of economic openness, which contributes to drawing a clear road map for future cooperation.”

For his part, the Austrian Foreign Minister expressed the desire to intensify and exchange visits between Emirati entrepreneurs and their counterparts in the Republic of Austria. Pointing to the advantages that Austria offers in order to attract investments and encourage innovation in various economic fields. Praising the prestigious position occupied by the UAE on the regional and international maps, and its pioneering investment capabilities and expertise to provide business incubators, noting the importance of joint coordination, expressing his country's welcome to Emirati investors and its keenness to provide all means of support to facilitate the launch of their businesses and investments in Austria and to enhance the volume of trade exchange between the two sides.

Source (Emirati Gulf Newspaper, Edited)

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW