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Scott Morrison

Australia, UAE aim stronger ties with launch of business council

SYDNEY, November 25, 2020

Australian Prime Minister Scott Morrison has launched the first-ever Australia-UAE Business Council aimed at deepening bilateral trade and investment, and expanding opportunities for Australian and UAE businesses.
 
Dr Anwar Mohammed Gargash, UAE Minister of State for Foreign Affairs, followed the Australian Prime Minister, welcoming the launch of the Business Council.
 
“Since the establishment of diplomatic relations in 1975, the UAE and Australia have been bound together by strong and longstanding ties, ranging from trade, tourism, investments and culture, to people-to-people contacts, ultimately leading to mutual benefit for both our nations,” said Dr Gargash.
 
“I would like to welcome the decision to inaugurate this Business Council despite the pandemic. I truly believe that this Council will accelerate the growth of our economic cooperation in the years to come, as well as enhance investment and trade exchange,” he added.
 
The launch was also attended by UAE Ambassador to Australia, Abdulla Al Subousi, the Australian co-chair Christopher Pyne and the UAE co-chair Badr Al-Olama who provided a video message of support from the UAE.
 
Pyne said that the establishment of the business council was long overdue for the two nations.
 
“I was surprised to learn during my time in politics that there has never been a business council before between Australia and the UAE. Our countries have so much to offer each other and it is our interest to promote mutual prosperity,” said Pyne.
 
“The Council will allow Australian and Emirati businesses an unparalleled chance to connect with decision makers in both government and enterprise, to better foster and understand future requirements and opportunities.”
 
Al-Olama said: “Establishing an Australia UAE Business Council has long been overdue, since our two great nations have been great allies and great friends over the many years.
 
“The depth and breadth of this long-standing relationship is demonstrated by the standing of the UAE as Australia’s largest trading partner in the Middle East, and the appeal of Australia as one of the top real estate investment destinations for the UAE.” -- Tradearabia News Service
 



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