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UAE reviews future of FinTech before Bo-ao Forum for Asia

Wednesday, 04 21 2021, Category: Technology, Country: U.A.E
Ahmed Ali Al Sayegh, Minister of State, said that the UAE and China have nourished a deep respect, political confidence and support of each other for decades, with their governments working even more closely on joint activities and projects, not only to boost the Belt and Road initiative, but also the well-being of our economies and societies.

The minister's remarks came while addressing the "Bo-ao Forum for Asia", held in celebration of Bo’ao’s 20th Anniversary this year.

"Chinese President Xi Jinping's 2018 state visit to the UAE and the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to China in 2019, had forged a stronger partnership and ushered in new and exciting areas of cooperation between the two countries. These include innovation and technology, financial services, education, food security, energy security, healthcare to climate change," he added.

He congratulated Ban Ki Moon, Chairman of the "Bo-ao Forum for Asia" on the celebration of Bo’ao’s 20th Anniversary this year. "This is a landmark achievement and a testament to the undeniable importance of BFA in supporting the Asian growth and fostering globalisation over the years. There is no doubt that this is Asia’s century."

Al Sayegh added that Asia and the Middle East region have maintained long and mutually respectful, strong trade and cultural ties. Likewise, China and the UAE have nourished a deep respect, political confidence and support of each other for decades. Both governments and UAE entities are working even more closely on joint activities and projects, not only to boost the Belt and Road initiative, but also the well-being of our economies and societies.

Source: Emirates News Agency
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