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Netherlands to be strategic partner to UAE in field of innovation

Staff writer |
Hani Al Hamli, Secretary General of Dubai Economic Council (DEC) has said that Dubai/ UAE economic and trading ties with the Kingdom of Netherlands have witnessed rapid growth over the last few years.

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Mr. Al Hamli also said that DEC is looking forward to harnessing the potentials of Dutch companies to support Dubai's bid to turn into the most innovative city.

He made this statement during the recent visit of the Netherlands embassy delegation to the DEC. The delegation was headed by Jennes de Mol, Ambassador of the Kingdom of the Netherlands in Abu Dhabi. Robert J.H. de Leeuw, the Consul General of the Netherlands in Dubai was accompanying him.

Al Hamli introduced the DEC mandates and its role in Dubai economy. He said DEC is tasked with the mission of advising the Government on various economic policy issues to promote the formulation of knowledge-based and sound economic policies.

Al Hamli then pointed out that Dubai and he Netherlands enjoy similar strategic location regionally and globally. Dubai is the cross-road of regional and global trade, connecting east to west, through the Middle East and Africa. The Netherlands is one of the world major trading economies.

Its strategic location towards north-west of Europe makes it one of the most dynamic hubs of trade and businesses globally and a major logistics gateway to other European markets such as the UK, Germany, France and other European countries.

The DEC Secretary-General referred to the local statistics that unveil that over the last five years, the trading relations between the UAE and the Netherlands reached 32.8 billion dirhams. The Netherlands is ahead the major destinations for the UAE exports (3 billion dirhams), and re-exports (5 billion dirhams), whereas UAE imports from the Netherlands accounts 24.8 billion dirhams.

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