H.E. Abdullah Al Saleh, Undersecretary of Foreign Trade and Sector at the UAE Ministry of Economic climate, discussed ways to further create financial as well as profession relations in between the UAE as well as Costa Rica with H.E. John Fonseca, Costa Rica's Deputy Minister for Foreign Profession, during the latter's go to at the Ministry's headquarters in Dubai,

The conference assessed appealing profession as well as financial investment chances in markets of shared interest. It additionally resolved ways to create collaboration and exchange experiences to raise financial relationships to extra varied as well as advanced degrees.

Participants included H.E. Francisco J. Chacon Hernandez, Ambassador of Costa Rica to the UAE, and also Ministry of Economy authorities Hind Al Youha, Director for Investment Division, and Majed Al Mazrouei from the Profession Promotion Division.

Both sides settled on the should strengthen existing economic and trade partnership frameworks and make the most of commonalities uniting the two countries, especially their vision of developing a knowledge-based economic situation driven by advancement and also investment in the fields of education, clinical research study, and healthcare. They likewise recognized a shared desire to embrace open trade plans, establish infrastructure offering worldwide trade courses, and taking advantage of critical geographies attached to several promising markets.

H.E. Al Saleh mentioned that the UAE and Costa Rica appreciate an one-of-a-kind bilateral relationship based upon respect and also mutual understanding, pointing out that, in spite of the development of economic and also trade cooperation between their 2 countries, the current level is still below the possibilities as well as capabilities taken pleasure in by both nations. He included that their reciprocal international profession quantity got to USD 23 million in 2016.

He likewise noted that over the past years the UAE has prospered in transforming itself into a varied economic climate which has come to be less based on oil. This, he explained, was enabled with policies that have actually opened up the nation to the world; the advancement of an appealing environment for foreign financial investments; the facility of strong foreign profession relations with numerous continents; and also the development and administration of facilities and also logistics services sticking to international criteria. H.E. evaluated one of the most vital components of UAE Vision 2021 and the National Innovation Method along with initiatives to increase top quality investments as well as enhance and also empower business owners, especially little- and also medium-sized enterprises.

The Undersecretary explained that the State of Costa Rica is one of the countries that the UAE desires to establish successful devices with for the advancement of economic as well as profession relationships. He applauded Costa Rica's affordable and also adaptable economy which he said is extremely efficient in growth and also which is owned by several advancement visions enhancing those of the UAE. This, he claimed, gives a number of participating possibilities specifically in the areas of innovation, transport, logistics solutions, and tourism.

H.E. Al Saleh even more stated that boosting cooperation in the area of air transport is of excellent relevance and also needs to be part of discussions with Costa Rica because of its impact on elevating communication as well as collaborations in between the business neighborhoods of both sides.

For his part, H.E. Fonseca claimed that his country takes into consideration the UAE a role model in a number of fields and a crucial destination for improving participation and collaboration. He mentioned that his country shares numerous ambitious advancement principles as well as purposes with the UAE, mentioning that Costa Rica is likewise concentrated on expanding its economic situation, establishing capacities for innovation and education and learning, and also improving human growth.

H.E. Fonseca added that his nation has accomplished amazing development in the education and health care fields, and also has also been successful in improving its international sell products and services with a particular focus on information technology, clinical, and also research study services.

The Replacement Priest evaluated a number of encouraging development jobs Costa Rica prepares to execute in the areas of framework, transportation, port advancement as well as logistics services on behalf of its vision of coming to be a local trade hub. He likewise shared the progression attained by his nation in terms of tidy and renewable resource which stands for 99 percent of the complete domestic energy produced.