The UAE has signed several strategic agreements with the African nation of Mali on economic, trade, defence, cultural fields and funding projects, in bid to boost cooperation between the two countries.
The economic, trade and technical agreements were sealed by Sultan bin Saeed Al Mansouri, Minister of Economy, while an MoU in the military co-operation was inked by Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, reported state news agency Wam.
Dr Boubou Cisse, Prime Minister and Minister of Economy and Finance of Mali, signed the MoUs and agreements on behalf of his country in the presence of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, it stated.
Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, signed a MoU in the cultural cooperation, while Hussain Jasem Al Nowais, Chairman of Khalifa Fund for Enterprise Development, signed a MoU of operational framework for the agreement to fund small-and medium-sized enterprises (SMEs) in Mali.
The operational framework of the project financing agreement is expected to create more than 4,300 projects over the next four years besides generating about 10,000 job opportunities for the youth, said the report.
It will provide a financial and technical framework to support government efforts aimed at promoting and empowering entrepreneurship and SMEs in Mali, it added.