UAE ready to be gateway to better ties of China, Arab world

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The United Arab Emirates (UAE) would like to serve as the gateway to better ties between China and the countries in the Gulf region and the Arab world, a senior UAE official said on Saturday.

UAE Vice President Sheikh Mohammed Bin Rashid Al-Maktoum made the remarks while meeting with Chinese Foreign Minister Wang Yi in Dubai.

Mohammed, also Dubai ruler and UAE prime minister, said his country highly values its relations with Beijing, adding that it welcomes more investment and travelers from China.

He also said the UAE is ready to join China in carrying out the Belt and Road initiatives.

The Belt and Road Initiatives were put forward by Chinese President Xi Jinping during his overseas visits in 2013, which includes the Silk Road Economic Belt – from China via Central Asia and Russia to Europe, and the 21st Century Maritime Silk Road – through the Strait of Malacca to India, the Middle East and East Africa.

The UAE leader also noted that the Asian Infrastructure Investment Bank (AIIB) would benefit the development of regional countries, and accord with the interests of all sides.

On Oct 24, up to 21 Asian countries signed a memorandum of understanding on establishing the AIIB, an initiative proposed by President Xi in a bid to finance infrastructure projects across Asia.

Wang said the UAE has now become a key country linking China and the Arab world, and has a unique position in the Gulf region, adding that China is willing to step up its strategic partnership with the Middle East country.

The Chinese foreign minister also hoped that the two sides can expand their traditional cooperation to more emerging sectors and industries.

China is also ready to work with the UAE in enhancing their coordination while dealing with global and regional affairs so as to safeguard the legitimate rights of the developing nations, he added.

Also on Saturday, Wang Yi, who is on an official visit to the nation, also held a meeting with his UAE counterpart Sheikh Abdullah Bin Zayed Al-Nahyan in Abu Dhabi.

Before his arrival in the UAE, the Chinese foreign minister also visited Pakistan. He will travel to Iran after the UAE trip.

 

Source : China Daily | February 15, 2015

Thomas D’Innocenzi

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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