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Al Tayer meets with US Treasury Secretary Steven Mnuchin

Dubai - The UAE is the largest non-oil trading partner of the US in the region.

Published: Sun 10 Jan 2021, 5:09 PM

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Obaid Humaid Al Tayer, Steven Mnuchin and other senior officials at Abu Dhabi.

Obaid Humaid Al Tayer, Steven Mnuchin and other senior officials at Abu Dhabi.

Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs, met with the US Treasury Secretary Steven Mnuchin in Abu Dhabi.

During the meeting, Al Tayer expressed the UAE’s strong commitment to further consolidate joint dialogue with the US, as it is one of the country’s most important strategic partners.

Al Tayer said: “The Ministry of Finance is keen to strengthen bilateral relations between both countries in all areas of common interest, especially in the economic, financial and investment sectors.”

The UAE is the largest non-oil trading partner of the US in the region, and the first destination for US exports of products and services to the Middle East. The US is the third largest trading partner of the UAE in the world, as well as the third largest foreign investor in the nation’s markets.

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, as well as representatives of the UAE Central Bank attended the meeting – which sought to deliberate joint strategic relations and financial and economic cooperation between the UAE and the US. — business@khaleejtimes.com



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