Minister of Economy discusses economic cooperation with Cyprus

Dubai: Minister of Economy Sultan Saeed Al Mansouri met today with the ambassador of Cyprus to UAE and discussed with him ways for enhancing bilateral ties and economic cooperation between UAE and Cyprus.

Al Mansouri stressed the importance of strengthening two-way trade, which currently stands at the volume worth USD 50 million per year.

The minister also noted the strategic importance of UAE, from which Cyprus can benefit for enhancing trade and investment.

They also discussed the possibility of organising an investment meet in Cyprus next year opening the opportunity for Emirati business community to identify investment opportunities in Cyprus.