FINANCIAL NEWS

UAE-Latvia sign economic cooperation agreement

09 May 2016

(MENAFN) The UAE and the Republic of Latvia signed an economic collaboration deal in order to boost economic, trade and technical cooperation between them.

Additionally, the deal involves a number of clauses, especially the setting up of a joint economic committee.

On the other hand, the deal calls for boosting cooperation in the areas of trade, industry, agriculture, transport, tourism and other sectors.

Latvia possesses huge agricultural potential, food industries and livestock, which could contribute to increasing the UAE’s food security.

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