Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations
Pursuant to your queries, it is not clear from your question whether closure of your bank account resulted in dishonour of the cheques issued by you; or whether your bank account had been closed due to dishonour of cheques issued by you; or whether the licence has been blacklisted/blocked by the Central Bank of the UAE due to any other reason? How can you operate your licence if your licence is blacklisted/blocked by the Central Bank of the UAE? Conducting any business under a blacklisted/blocked licence is illegal.
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"If the licence is blocked due to dishonour of the aforesaid cheques - which you have subsequently paid in cash to the debtor - you may obtain a release from the debtor and provide it to the Central Bank of the UAE with a request to remove the block on your licence."
Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations
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