UAE interested to harness Finnish advanced technology: Lubna

WAM Abu Dhabi, 6 March 2013 (WAM) – The UAE is interested in harnessing the Finnish cutting edge expertise in advanced technology, education as well as research and development, Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, said today.

”We are keen to identify available opportunities for cooperation with Finland, particularly in sectors like architecture designing, business services, construction, infrastructure, defence, education and training, renewable energy, healthcare, ICT, heavy industries,” Sheikh Lubna told the Abu Dhabi-Finland business forum in attendance of the visiting Finnish Prime Minister, Jyrki Katainen. The event was organised by Abu Dhabi Chamber of Commerce and Industry (ADCCI) and Abu Dhabi Department of Economic Development in association with the Finnish Embassy in the UAE and Finpro – Finnish Trade Promotion Agency.

In her opening address, Sheikha Lubna noted that Finland had made, since the World War II, diligent efforts to quickly become an industrialised nation driven by a strong will to develop its education and R’&’D sectors .

”Today, Finland boasts of being among the world’s most vibrant and competitive economies. It has built a good reputation as a knowledge-based economy and has carved its own economic equation as an exporter to world markets.” ”Like Finland, we in the UAE are determined to reach the top echelon of competitiveness, innovation and exposure to world markets and forge ahead with technology-led development path,” she added.

Sheikh Lubna told the business gathering that globalisation and foreign trade constitute important factors for the business sector.

”We are happy to share with you a common vision that will pave the way for prosperity to our countries,” she added.

The UAE, she stressed, would provide the Finnish companies with the opportunity to penetrate to important Arab and Asian markets given its position as the second largest economy in the Gulf region and the region’s largest importer of Finnish goods.

”The UAE will offer the Finnish companies a true opportunity to expand their operations in the region, she said, adding that direct and regular discussions would help the two countries to identify challenges facing progress of investment and economic relations.

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