2012-04-27 at 16:24

UAE EVALUATE PORTUGAL’S PRIVATIZATION PROGRAMME

"Portugal and the United Arab Emirates are working hard to ensure that trade between both countries will show a strong growth. And let me make clear that Portugal sees UAE's investment  as very favourable, including our privatization programme", said the Minister of State, Minister for Foreign Affairs at the end of a working meeting with Sheikh Abdullah Bin Zayed Al Nahyan, UAE's  Minister for Foreign Affairs.

According to Paulo Portas, "an economic cooperation agreement should be signed later this year. The cooperation is noteworthy and I presented to the Minister the Portuguese Government's project to allow investment visas for those who want to make acquisitions in the areas of tourism, or any other area that can create jobs in Portugal", he added.

UAE's Minister for Foreign Affairs stated that he brought to Portugal "a large delegation, representing many sectors".

"We addressed the importance of looking at the energy sector. The UAE wants to diversify its presence in Portugal and we want to see how we can work together in other countries, for example, in Africa. We signed agreements in the energy sector and this is an area we can work together in Portugal or elsewhere", the Minister added.

GALP president Faria de Oliveira, Champalimaud Foundation's  Leonor Beleza, Banco Espírito Santo's President Ricardo Salgado and AICEP's President Pedro Reis took part in the signing ceremony of the protocols in the areas of renewable energy and energy efficiency, education and scientific research, as well as several UAE's businessmen.

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