The depth of bilateral relations between The UAE increasing cooperation with the US in various vital areas. Especially in the commercial and investment sectors.
The UAE increasing cooperation with the US
Abbreviation to the commercial transactions:
The UAE increasing cooperation with the US, the UAE is the largest Arab investor with a total investment estimated at $ 4.8 billion.
Where non-oil foreign trade between the two countries recorded about 24.5 billion dollars at the end of 2018.
The summit is considered as the largest federal event in the US of America, showcasing business investment opportunities across the states.
Which, Organized by the US Department of Commerce to promote government efforts to promote the US.
As well as , the premier location for doing business in the world.
From 70 international markets and 49 US states.
$ 103 billion US greenfield projects
While, participants in the previous five summits announced more than $ 103.6 billion in greenfield investment projects in the US.
So, It is directly supporting more than 167,000 jobs in the US.
Notable speakers at the current session include:
- US Treasury Secretary Stephen Mnuchin
- Agriculture Secretary Sony Perdue
- Housing and Urban Development Minister Ben Carson
- Energy Secretary Rick Perry
- Governors from eight states
- Senior corporate executives including Hitachi, Siemens, Softbank
According to data published on the summit:
The US is the largest home for foreign direct investment in the world.
So, the total foreign investment estimated at about $ 4 trillion, according to the latest data.
While. supporting foreign direct investment nearly 14 million US jobs, an official About $ 370 billion of US goods exports.