ROME: The UAE’s Economy Minister Abdulla bin Touq Al-Marri met with representatives of the Italian industrial, economic, financial and academic worlds in Milan, the country’s financial and industrial capital.
“The UAE is a strategic partner for our companies, and commercial relations between our two economies are very strong,” Alessandro Spada, president of Assolombarda, the association of local entrepreneurs, told Arab News.
He said exports from the region of Lombardy, whose capital is Milan, to the UAE in 2020 were worth €1 billion ($1.14 billion), “30 percent of the entire Italian exports to that country.”
He added: “We’re working hard to promote more new business opportunities for our companies in the UAE. We aim to define together a project development strategy, and we were very happy to see that Minister Al-Marri shares our view and goal.”
Among those Al-Marri met in Milan were the president of the National Chamber of Italian Fashion, the CEO of Dolce & Gabbana, the deputy rector of the Catholic University and the president of gun maker Beretta.
The minister invited Italian entrepreneurs to the Emirates Investment Summit, to be held at the end of March.