His Excellency Abdullah bin Touq Al Marri, Minister of Economy, discussed with His Excellency Lee Young, Minister of Small and Medium Enterprises and Emerging Companies of the Republic of Korea, ways to enhance economic cooperation and support the access of the business communities and emerging companies from both sides to the opportunities available in their markets, in a way that supports the sustainable growth of the economy. The two friendly countries.His Excellency Abdullah bin Touq stressed that the cooperation and partnership relations between the UAE and the Republic of Korea represent an inspiring success story and a role model in international relations, due to the achievements they have achieved in all sectors of common interest.
His Excellency Abdullah bin Touq indicated that the UAE is counting on the entrepreneurship sector to support its new economic model, in implementation of the directives of the wise leadership, to be among the best in the world in line with the determinants of the UAE Centennial 2071 and in line with the vision of “We are the UAE 2031,” stressing the UAE’s keenness to work With partners in the Republic of Korea to support the expansion of emerging companies in the markets of both countries during the next stage.
He explained that the UAE government has worked over the past years to establish an environment that supports the growth and prosperity of emerging companies’ activities within the country’s markets, and enhances the access of their products to foreign markets, through the flexibility of the economic legislative system and the adoption of initiatives that contribute to providing all types of training, qualification, and financing tools necessary for entrepreneurs in cooperation. With a wide range of strategic partners locally, regionally and globally.
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