US interest in UAE "is welcomed"
The UAE welcomes the US administration's keen interest in furthering
economic and trade co-operation with the UAE, said General Sheikh
Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy
Supreme Commander of the UAE Armed Forces, while receiving visiting US
Treasury Secretary Tim Geithner.
"Under the leadership of
President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Ruler of Abu
Dhabi, the UAE attaches great significance to further promoting
co-operation with the United States in all areas, especially banking,
finance, trade, investment and education," Sheikh Mohammed said as he
received Geithner at Emirates Palace hotel.
Also present at the
meeting were Sheikh Abdullah bin Zayed Al Nahyan, UAE Foreign Minister,
Sultan Nasser Al Suwaidi, Governor of the UAE Central Bank, and Youssef
Al Otaibah, the UAE Ambassador to the US.
Sheikh Mohammed
further described the US-UAE relationship as a good and distinctive
one, built on strong foundations of mutual respect, trust and joint
interests.
"We in the UAE are keenly interested on promoting
bilateral relations and working to open up new venues of co-operation
between the two countries in the best interests of the two peoples,"
Sheikh Mohammed said.
Geithner briefed Sheikh Mohammed on the US
administration's commitment to openness for foreign investments, as
well as to further boost co-operation with the UAE.
The meeting
discussed co-operation and co-ordination between financial and
investment entities of the UAE and the US, as well as the latest
developments in the global economy and energy markets.
Sheikh
Mohammed and Geithner also discussed international efforts to curb the
current global financial crisis, among other issues of mutual concern.
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