UAE approves 24 national initiatives to boost re-exports within 7 years

Gulf Today, Staff Reporter

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired a Cabinet meeting on Tuesday and approved 24 national initiatives aimed at doubling re-exports from the UAE by 100% over the next seven years.

Sheikh Mohammed said on Twitter, “I chaired a meeting of the Council of Ministers at the Al Watan Palace in Abu Dhabi, during which we approved 24 national initiatives aimed at doubling re-exports from the UAE by 100% during the next seven years, by taking advantage of our network consisting of 50 commercial offices around the world.”

He added, "We also reviewed, in our meeting, more than 19 initiatives to make the country the capital of global talents... the UAE is second globally in the index of senior specialized managers... and our goal is to transfer the best expertise and refine our national cadres to be global in thinking… and professional in performance... and competitive in capabilities."

Sheikh Mohammed said, “We reviewed the results of the work of the Supreme Committee for Free Trade Negotiations... We signed comprehensive economic partnership agreements with 4 countries, and we are currently negotiating with many other countries, and we have begun to see the impact of the agreements on the country’s foreign trade figures… 2023 will be the strongest economic year for the country in its history. God willing.”

Sheikh Mohammed added: “The Council agreed during the meeting to host the International Conference for the Conservation of the Environment in 2025, which will be attended by 10,000 environmental experts and specialists from 160 countries. The UAE’s economic march will remain a sustainable one."

Sheikh Mohammed also explained, "We approved, at the cabinet meeting, the re-formation of the Digital Quality of Life Council headed by Sheikh Saif Bin Zayed Al Nahyan... and the Emirates Genome Council headed by Khalid Bin Mohamed Bin Zayed... The two councils aim to raise the quality of digital and healthy life for the people of the Emirates and all residents on its land."