Dubai, April 10: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, reiterated on Monday his support to steps and measures aimed at facilitating the flow of trade between Gulf Cooperation Council (GCC) member states and removing obstacles in this regard, considering progress in this direction a step forward in transforming the GCC into a global economic bloc.
Talking to GCC Secretary-General Dr Abdullatif Rashid Al Zayani and Chairman of the Federation of GCC Chambers of Commerce (FGCCC) Khalil Abdullah Al Khonji at Zabeel Palace, Shaikh Mohammed said such openness would ultimately serve interests of ‘our national economies’ so as to build a competitive regional economic powerhouse to be reckoned with globally and achieve welfare and stability and this is what we, as leaders in the GCC, are diligently working to deliver.
The GCC Secretary-General and FGCCC chairman briefed Shaikh Mohammed on the agenda of the 40th federation meeting, which is being held in Abu Dhabi, and issues related to creating comprehensive trade and economic integration between chambers of federation members.
Dr Zayani applauded UAE’s expertise in creating an economically open environment and catalysing investment, thus establishing the UAE as a globally recognised investment destination.
The high-profile delegation also praised the success of the UAE, and the emirate of Dubai in particular, in becoming the No.1 holiday and leisure destination for families in the Gulf region.
Crown Prince of Dubai Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Civil Aviation and Chief Executive of Emirates Group Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Culture and Arts Authority Shaikh Majid bin Mohammed bin Rashid Al Maktoum, Cabinet Affairs Minister Mohammed Abdullah Al Gergawi, Director of Dubai Ruler’s Court Mohammed Ibrahim Al Shaibani, heads of GCC Chambers of Commerce and Industry and senior officials were also present on the occasion.