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Cabinet officials

UAE Trade Mission Expands Economic Ties with Finland, Estonia, Latvia, and Lithuania

Strategic Insights

— 1 min read

During a nine-day trip from May 8th to 14th, 2022, an Emirati trade mission headed by Assistant Minister Abdulnasser Jamal Alshaali strengthened economic relationships between the UAE and the Nordic and Baltic countries. The delegation engaged in high-level meetings, signed several agreements, and visited key institutions and companies, including Nokia and Wrtsil in Finland and Vilnius City Municipality in Lithuania. The mission aimed to promote bilateral trade and investment, resulting in multiple Memorandums of Understanding (MoUs) and agreements being signed.

Key Takeaways:

  • The UAE trade mission, led by Assistant Minister Abdulnasser Jamal Alshaali, visited Finland, Estonia, Latvia, and Lithuania from May 8th to 14th, 2022.
  • The delegation included representatives from various UAE government entities and private sector companies, such as Mubadala, Masdar, Emirates Nuclear Energy Corporation, and Abu Dhabi Department of Economic Development.
  • The mission aimed to enhance economic ties and promote bilateral trade and investment, with a focus on energy, trade, and innovation.
  • The delegation held high-level meetings with government officials, including the Finnish Minister of Economic Affairs and the Estonian Prime Minister.
  • Several agreements were signed during the visit, including a Memorandum of Understanding (MoU) between the UAE and Finland in the field of energy, and MoUs between UAE companies and their counterparts in Estonia, Latvia, and Lithuania.
  • The delegation visited key institutions and companies, such as Helsinki Educational Hub, Nokia, Wrtsil, and Vilnius City Municipality.
  • The mission included participation in key bilateral meetings, including the UAE-Estonia Business Seminar, the 2nd Session of the UAE-Estonia Business Council, and the UAE-Latvia Business Forum.

Statistics:

  • The UAE trade mission lasted for 9 days (May 8-14, 2022).
  • The delegation included representatives from 20 different UAE government entities and private sector companies.
  • The mission resulted in the signing of 6 Memorandums of Understanding (MoUs) and agreements between the UAE and the host countries.
  • The delegation held meetings with 8 government officials from the host countries.

Sources:

  • Contify.com
  • Euclid Infotech Pvt. Ltd.

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