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Albanian new projects of economic cooperation with the UAE Published on: 14 April 2015


Prime Minister Edi Rama and wife Linda Rama paid an official visit to United Arab Emirates, where they were welcomed by some of the senior personalities in the country. The Prime Minister was accompanied on this visit by ministers Bushati, Ahmetaj and Tahiri, and some parliamentary members of the group of friendship between the two countries.

Prime Minister Rama had his first meeting with His Excellency Mohammed Al Murr, Chairman of the Emirates’ Federal National Council (Parliament). Prime Minister Rama praised the regional role of the United Arab Emirates and the diversified development model set by them.

On his part, the Chairman of the Council praised the latest developments in Albania, especially the regional developments, and Albania's role in regional initiatives.

Al Murr praised also cooperation between the two countries, and highlighted the necessity to enhance trade exchanges and cooperation in the future. On his part, Prime Minister Rama noted that Albania is open to investments from the UAE, not just as a potential for economic development, but also as an opportunity for the two countries to develop further the cooperation in the fields of interest such as tourism, agro-industry, processing or industrial areas.

Prime Minister Rama and his delegation were received by the Crown Prince of the United Arab Emirates, His Highness Mohammed bin Zayed Al Nahyan. The Crown Prince expressed his country's interest to explore further opportunities for cooperation with Albania, with particular focus on developing infrastructure, and investments in areas such as tourism and agribusiness.

On his part, Prime Minister Rama expressed the commitment of the government to assist investors from the UAE, and his belief that these investments will not only help the Albanian economy but they will also enhance the performance of sectors affected by them.

Two agreements on visa facilitation and in the environment field were signed in a special ceremony at the end of the meeting. The agreements were signed by the Ministers of Foreign Affairs, Abdullah bin Zayed bin Sultan Al Nahyan and Ditmir Bushati. The parties noted that these agreements will open a new stage of cooperation between the two countries. In addition, preparations for signing new agreements and for organizing a state visit by senior officials of the Emirates to Albania, followed by a visit of interested investors to invest in Albania, were discussed.

During the visit, Prime Minister Rama was received in a separate meeting by Mansour bin Zayed Al from Nahyan, Deputy Prime Minister of the United Arab Emirates and President of the Emirates Investment Fund.

During their stay in the UAE, the Albanian delegation led by Prime Minister Edi Rama was invited to attend the Investment Forum organized by the Chamber of Commerce of Abu Dhabi, in collaboration with the Ministries of Economy and Energy of the Emirates. The forum was also attended by investors in various fields such as trade, tourism, transportation, manufacturing, agriculture, construction and financial services.

In his speech, Prime Minister Rama talked about Albania, the land of opportunities for foreign investors. According to the Prime Minister, while Albania is on the road to the European Union, the government is focused on the establishment of a new economic model based on the revival of strategic sectors and on a total openness to foreign investments.

“We are very interested to develop further relations in several areas starting with energy and water. For us it’s very interesting also to explore the possibilities of cooperation in terms of processing drinkable water, of which Albania is very rich and of a very, very good quality. Secondly, we are very interested to have Foreign Direct Investments in tourism. In the coming weeks the Parliament will pass a new legislation for Foreign Direct investments and tourism, which will ease a lot the introduction of Foreign Investments in the Albanian market. Agriculture is also is a very good area for exploration and where the country has a lot of potentials, and where we would like very much to see potential investors.”

The Prime Minister invited entrepreneurs present at the event to organize a visit to Albania in order to see closely the latest developments, as well as to consider the possibilities offered by the country.

http://investment.albaniaenergy.org/#post81