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The UAE participates in the "Select America Investment 2018" summit
22 Jun 2018
The UAE participates in the "Select America Investment 2018" summit
The UAE participates in a high-level delegation with Sultan bin Saeed Al Mansouri
The Summit "Investing here for to grow here and succeed here "focuses on the benefits and incentives to invest in innovation, knowledge, technology, advanced manufacturing and the aviation industry.
The UAE delegation participating in the summit will be represented by a delegation Deputy Director General of Emirates Council for Foreign Investors, Abdullah Bin Kalban, President and CEO of Emirates Aluminum International, as well as representatives of Mubadala, Abu Dhabi Investment Authority and a large number of UAE companies and investors with more than 30 participants. UAE.
The Summit, opened by US Trade Secretary Wilbur Ross, participates in a group of senior US officials, senior officials, 9 governors, a number of international companies and organizations for economic development.
Sultan Bin Saeed Al Mansouri said participation in the "Select America Investment" summit is an ideal platform for learning the major investment opportunities offered in the US markets, the incentives and opportunities available, and the policies that stimulate investment growth.
He added that the summit brings together various categories of investment companies from multinational companies, small and medium-sized companies and start-ups, whether they are in the US market or looking for opportunities to enter the market. This is an excellent opportunity for investors in any business.
Al Mansouri confirmed that the United Arab Emirates has excellent partnerships with the United States and that participation in the work at this summit not only opens the way for UAE investors to identify on investment opportunities and partnerships. It is also a platform for communication and deepening of economic and trade-related relations at government level, paying attention to the sectors to be developed on the agenda for bilateral relations between the two countries in the next phase.
America's Investment "since 2013 to serve as an annual forum for local and international investors to explore various investment opportunities in the US market and see incentives and opportunities for investors throughout the United States.
US Trade Minister Wilbur Ross said in his opening speech that the Select America Investment Summit has become the leading event for international companies looking for new opportunities in the United States and notes that the US market is still the most open and dynamic in the world, supported by many policy measures which stimulates growth.
He pointed out that the Summit, which took place on June 20, brings together more than 3,000 delegates from 66 countries around the world, including 15 countries participating in the Summit for the first time, reflecting the development of it this prestigious platform on an annual basis.
During his speech, Ross announced Inves worth $ 600 million in new projects that companies will reveal at the year's investment halt, which is expected to create more than 800 new jobs.
The largest event of foreign direct investment in the United States, according to figures published by the summit, in total Investments announced during the previous four sessions amounted to almost $ 93 billion in investment projects that supported more than 140,000 jobs in the United States.
Jamal Al Jarwan said: "This is the Emirates Council's first participation for investors abroad." We look forward to participating next year as the United States is an important investment objective for UAE and UAE. "
" UAE's participation in this event is due to the importance of the US UAE export market. "