UAE Minister of State for Entrepreneurship and SMEs, Dr Ahmed Belhoul Al Falasi, has held wide-ranging talks with the UK Minister for Business, Energy and Industrial Strategy.
Dr Al Falasi and Lord Gerald Edgar Grimstone discussed the implications of the COVID-19 pandemic, Brexit and expanding economic ties during their online meeting.
They also examined diversifying their partnerships in small and medium-sized enterprises and tourism.
Dr Al Falasi highlighted the UAE’s keenness to strengthen cooperation and develop a strategic partnership between the two countries in advanced sectors.
"The tourism sector is one of the drivers of economic development in the UAE and one of the key areas of cooperation between the two countries. The UAE received around 1.4 million visitors from Britain in 2019, and UK citizens accounted for some seven per cent of hotel guests in the UAE during the same year," he said.
Last week, the UK took the UAE off its quarantine list.
The ministers also noted that the two nations' non-oil trade totalled $10 billion in 2019.
UAE, India, Sri Lanka sign deal to develop Sri Lanka into energy hub
EU seeks unity in first strike back at Trump tariffs
UK's Jaguar Land Rover to halt US shipments over tariffs
US starts collecting Trump's new 10% tariff
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears
