DUBAI, 22nd October, 2018 (WAM) – His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler, Deputy Prime Minister and Minister of Finance of Dubai, received His Highness Lee Hsien Loong, Prime Minister of the Republic of Singapore. At Zabeel Palace in Dubai.
His Excellency the Prime Minister of Singapore Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum welcomed the visit of the Singaporean Prime Minister and his accompanying delegation, noting the prosperity of the cooperative relations between the two countries at various economic, trade and tourism levels. He hoped that the next phase would strengthen the partnership between the two sides in various key sectors. Energy sectors, advanced technology, digital transformation, manufacturing, research, development, innovation and other sectors related to future industries.
The meeting was attended by Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council and several ministers and senior officials.
During the meeting, the importance of intensifying joint work to exchange expertise and successful experiences in various key areas, especially in the areas of investment, trade and tourism exchange, where both sides excelled, was emphasized. A wealth of experience as major hubs for global trade and tourism, key figures on the global tourism map.
The outcomes of the Gulf Cooperation Council and ASEAN Summit in Riyadh were also reviewed, and what is the impact of strengthening the UAE-Singapore partnership on advancing the process of Gulf-Asia cooperation in general and improving the prospects for this cooperation? Strong economic growth rates for the Gulf Cooperation Council and ASEAN countries resulted in GCC economies’ GDP growing at a strong 7.3% in 2022, while ASEAN economies’ GDP reached $3.6 trillion in the same year.
During the meeting, many topics of common interest were discussed, especially the UAE’s hosting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), and it is hoped that this global event will reach solutions. Contribute to concrete progress on climate change around the world.
Notably, in 2019, the Comprehensive Partnership Agreement was signed between Singapore and the United Arab Emirates, a framework aimed at deepening existing areas of cooperation and exploring new areas of common benefit and interests for both countries, such as trade and industry. , investment, financial cooperation, education and human resource development, as well as sustainable development and energy.