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UAE-Poland vow to consolidate bilateral trade ties

UAE is one of Poland's largest trading partners in the region

by News Desk
3 years ago
in PR, Top News, UAE
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The UAE is keen to consolidate ties and partnerships with Poland to consolidate bilateral relations in the fields of economy, finance, and investment. H.E. Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, told this in his meeting with Magdalena Rzeczkowska, Minister of Finance of the Republic of Poland at the Ministry’s headquarters in Abu Dhabi.

Al Hussaini meets with the Polish Minister of Finance to discuss ways of enhancing financial and economic cooperation Photo 1

Mohamed Bin Hadi Al Hussaini emphasized the significance of this meeting, saying that it is a vital opportunity to strengthen bilateral relations between the UAE and Poland.

Both dignitaries signed a joint statement, which aims to consolidate cooperation between both countries for the exchange of knowledge, experiences, and best practices in the field of tax policy. It also included digital reporting, big data analysis, machine learning, research & innovation, and technology. image001 2

The meeting also included a presentation on the UAE federal government bonds and a review of the investment landscape of Poland.

image002 2

The UAE is one of Poland’s largest trading partners in the region, as the volume of non-oil intra-trade between both countries is about Dh 3 billion during the first half of 2022, achieving a growth of 22%, compared to the same period in 2021. Additionally, the volume of non-oil intra-trade between the two countries amounted to about Dh 5.3 billion during 2021, achieving a growth of 12% compared to 2020.

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