Printer Friendly

DEC visits US to establish strategic partnerships.

Summary: The Dubai Economic Council, or DEC, recently conducted a visit to the United States, as part of its vision of being a strategic partner to the Government of Dubai in economic policy-making.

The Dubai Economic Council, or DEC, recently conducted a visit to the United States, as part of its vision of being a strategic partner to the Government of Dubai in economic policy-making.

The delegation, led by DEC secretary-general Hani Al Hamli along with its executive team, visited various international law and financial development institutions and policy-making centres in the United States.

Al Hamli stated that the main aim of the visit was to anchor strategic partnerships and cooperation with a number of decision-making networks and international organisations in the US to improve the economic ties between the UAE and the US.

He pointed out that the UAE-US economic relations are unique. The US is the main trading partner for the UAE and Dubai. Since the establishment of UAE, the relations between the two countries developed covering various areas not only in trade and investment but as well in the cultural, educational and political sectors.

The DEC delegation's visit was initiated with the Commercial Law Development Programme, or CLDP, where Al Hamli singed a letter of intent with CLDP chief counsel Stephen Gardner.

During the signing ceremony, Al Hamli praised the significant cooperation made by the CLDP with the DEC in revising a number of federal and local commercial law drafts with the aim of strengthening the legal infrastructure of the UAE economy. Al Hamli stressed the necessity of initiating an action plan to translate the agreement between the two parties into practical steps.

-- business@khaleejtimes.com

Copyright 2012 Khaleej Times. All Rights Reserved.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2012 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Khaleej Times (Dubai, United Arab Emirates)
Geographic Code:7UNIT
Date:May 27, 2012
Words:294
Previous Article:Topaz inks phase one of $330m loan deal.
Next Article:MoF attends transparency conference in Madrid.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters