ID :
140351
Wed, 09/01/2010 - 17:34
Auther :
Shortlink :
https://oananews.org//node/140351
The shortlink copeid
Micro--macroeconomic indicators are vibrant: Lubna
Abu Dhabi, Sept 1, 2010 (WAM)- Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, stressed today the vibrancy and firmness of macro and micro economic indicators for non-oil sectors.
''These non-oil sectors are making positive growth rates that increase their contribution to the gross domestic product (GDP) under the government economic diversification strategy, Sheikha Lubna said during a meeting with a delegation from Stern School of Business, New York University Abu Dhabi.
Sheikha Lubna said the UAE was enjoying a broad trade openness ensuring its strong integration with world economies.
She also highlighted the UAE pivotal role as a meeting point between the western economies and emerging Asian economies.
''Buoyed by a 71 per cent growth in non-oil sectors, the UAE economy grew by 1.3 per cent last year despite the world economic slowdown,' she added. According to her, UAE non-oil foreign trade stood US$ 180 billion in 2009.
The minister also spoke of the UAE's economic, trade, energy and investment strengths and potentials.
During the meeting, Mahmoud Mahmoud, Director of Commercial Policies at the Ministry of Foreign Trade, gave a presentation on UAE trade policies which he said, are based on openness and aim at achieving balance and stability in international markets. – Emirates News Agency, WAM
''These non-oil sectors are making positive growth rates that increase their contribution to the gross domestic product (GDP) under the government economic diversification strategy, Sheikha Lubna said during a meeting with a delegation from Stern School of Business, New York University Abu Dhabi.
Sheikha Lubna said the UAE was enjoying a broad trade openness ensuring its strong integration with world economies.
She also highlighted the UAE pivotal role as a meeting point between the western economies and emerging Asian economies.
''Buoyed by a 71 per cent growth in non-oil sectors, the UAE economy grew by 1.3 per cent last year despite the world economic slowdown,' she added. According to her, UAE non-oil foreign trade stood US$ 180 billion in 2009.
The minister also spoke of the UAE's economic, trade, energy and investment strengths and potentials.
During the meeting, Mahmoud Mahmoud, Director of Commercial Policies at the Ministry of Foreign Trade, gave a presentation on UAE trade policies which he said, are based on openness and aim at achieving balance and stability in international markets. – Emirates News Agency, WAM
