His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, this morning received the visiting US Secretary of Commerce, Penny Pritzker, in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
Sheikh Mohammed and the US official reviewed trade and investment cooperation and ways to raise the volume of trade exchange between the UAE and the United States, which is currently reaching $27 billion annually.
The talks also covered the issue of investment partnership and finding new areas to achieve this partnership, especially at the level of the private sector in the two countries.
During the meeting, His Highness Sheikh Mohammed welcomed opening additional channels to expand the horizons of trade and investment cooperation between the two sides, noting the historical ties of friendship that bind the two friendly peoples at various levels.
The US Secretary of Commerce, in this regard, stated that she will visit the country leading a trade and investment delegation representing more than twenty companies and institutions from the private sector, to hold meetings with representatives of the public and private sectors in the country and explore the possibilities of building investment partnerships in various sectors, noting the presence of about 30,000 Americans living and working in the UAE.
The meeting was attended by Sheikha Lubna bint Khalid Al Qasimi, Minister of Development and International Co-operation, Sultan bin Saeed Al Mansouri, Minister of Economy, Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, Reem bint Ibrahim Al Hashemi, Minister of State, Khalifa Saeed Suleiman, Director-General of the Department of Protocol and Hospitality in Dubai, and Rob Waller, US Consul-General in Dubai, along with the delegation accompanying the Secretary of Commerce.