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Sarkozy hails growth of UAE’s economy

Posted by on February 19, 2011 0 Comment

Abu Dhabi, Feb 19 (IANS/WAM) Describing the economy of the United Arab Emirates (UAE) as “dynamic, diversified and liberal”, French President Nicolas Sarkozy has said the ambitious policy adopted by the UAE in recent years has reflected on the growth of its national economy.

Sarkozy said French companies were aware about the strength of the UAE economy, citing their keenness to partake in the economic development process of the Gulf region.

In a statement issued by Nation Shield, the magazine of the UAE’s armed forces, the French president stressed on the depth of relations shared by the UAE and France, which exceeds economic and political ties.

The UAE and France cherish the same keenness to establish international peace, the French president’s statement said.

Sarkozy reiterated that the relations between the two countries were strategic, citing the defence agreement between the two countries signed in 1995.

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