UAE, Hong Kong to boost ‘Belt and Road’ framework

03 Nov 2016

(MENAFN) The UAE and Hong Kong will work to enhance framework on the ‘Belt and Road’ initiative to boost the mutual trade relations.

Accordingly, the main focus of the ‘Belt and Road’ initiative is to enhance connectivity by cutting barriers to trade and building physical links.

Additionally, the inter-connectivity of energy, power and resources and a secure, efficient network of land may create chances for cross-border investment.

The UAE is Hong Kong’s largest export market in the Middle East, while the total road between both sides recorded USD4.5bn in the Jan-August period of this year.

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