Through its participation in “Expo 2020 Dubai”
Senegal promotes “transportation”, “mining” and “tourism”
"Expo" is an opportunity to strengthen relations...and discuss opportunities and potential partnerships.
From the source
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The Minister of State in charge of Senegalese Affairs Abroad, Moise Sar, said that "Senegal has distinguished and close relations with the UAE in all fields," noting that the Senegalese diplomatic mission in the UAE is constantly working to strengthen and strengthen these relations.
Sarr confirmed to "Emirates Today", on the sidelines of the Expo 2020 Dubai, that the UAE is a strategic partner for Senegal, pointing to the importance of the UAE as a key player in Senegal's development process, and to the partnerships that link the two countries.
And he indicated that economic relations are also witnessing continuous growth, pointing to the many investments that Senegal has attracted from the UAE market over the past years.
He said, "We will not go far... Only one company, which is (DB World), invests about one billion and 200 million dollars in Senegal during the current period."
He added, "The Expo is a global platform from which all participating countries benefit." Long-term investments.
He appealed to businessmen, investors and those interested in investing in Senegal to come, pointing out that Senegal is a very suitable environment for business, as it is characterized by security and protection for investors.
He indicated that the Senegalese pavilion provides a comprehensive view of the projects that can be completed.
He congratulated the UAE government on the "remarkable success" of the "Expo 2020 Dubai" activities.
He added, "In Senegal, we focus on many sectors, foremost of which is the transport sector, as a promising sector. We are currently seeking to build a fast train between cities, and we are also focusing on building a network of highways within our country."
He said, "There is also interest in the agriculture, mining, tourism, oil and gas sectors," noting that the UAE is Senegal's first trading partner in the region, and Senegal is an important partner for the UAE in West Africa.
The value of non-oil foreign trade between the two countries, during the first half of 2019, amounted to about 1.25 billion dirhams, with a growth rate of about 4.8%, compared to the same period in 2018, and the volume of non-oil trade exchange between the two countries reached 15.2 billion dirhams during eight years ( 2011-2018).
Senegal joined the "Global Logistics Passport" initiative, a major initiative launched by Dubai to connect countries around the world and promote trade between the countries of the South.
The UAE and Senegal also signed a memorandum of understanding to establish a joint Emirati-Senegalese business council this year, within the framework of identifying investment opportunities available in Senegal, assisting Senegalese business owners and investors wishing to establish direct or joint projects in the UAE, and supporting existing investments and successful partnerships. between Emirati and Senegalese companies.
Senegalese Minister of State:
• «The UAE is the first trading partner of Senegal in the region».