{"id":208575,"date":"2019-01-30T18:23:23","date_gmt":"2019-01-30T21:23:23","guid":{"rendered":"https:\/\/anba.com.br\/?p=208575"},"modified":"2019-06-30T18:36:58","modified_gmt":"2019-06-30T21:36:58","slug":"uae-expect-to-reach-usd-70-bi-in-trade-with-china-by-2020","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/uae-expect-to-reach-usd-70-bi-in-trade-with-china-by-2020\/","title":{"rendered":"UAE expect to reach USD 70 bi in trade with China by 2020"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The United Arab Emirates expect their volume of non-oil trade with China reaches US$70 billion by 2020. In 2017, this trade volume exceeded the USD 53 billion mark. This information was released this Wednesday (3) by the organization of the Annual Investment Meeting (AIM), conference on foreign direct investments (FDI) occurring from April 8 to 10 in Dubai, an initiative by UAE Ministry of Economy. <em>In the picture above, a 2018 event panel.<\/em><\/p>\n<p>China will participate in the forum, whose theme will be: &#8220;Mapping the Future of FDI: Enriching World Economies through Digital Globalisation.\u201d According to AIM press release, Chinese direct investments in UAE reached USD 2.8 billion in 2016, a 33% increase over the previous year. For comparison purposes, the Asian country invested USD 857 million in Brazil in 2016, according to Brazilian <a href=\"https:\/\/www.bcb.gov.br\/en\" target=\"_blank\" rel=\"noopener noreferrer\">Central Bank<\/a>.<\/p>\n<figure id=\"attachment_208565\" aria-describedby=\"caption-attachment-208565\" style=\"width: 231px\" class=\"wp-caption alignleft\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-208565 size-medium\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2019\/01\/abdullahalsaleh-231x300.jpg\" alt=\"\" width=\"231\" height=\"300\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2019\/01\/abdullahalsaleh-231x300.jpg 231w, https:\/\/anba.com.br\/wp-content\/uploads\/2019\/01\/abdullahalsaleh-768x998.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2019\/01\/abdullahalsaleh-788x1024.jpg 788w, https:\/\/anba.com.br\/wp-content\/uploads\/2019\/01\/abdullahalsaleh.jpg 1240w\" sizes=\"(max-width: 231px) 100vw, 231px\" \/><figcaption id=\"caption-attachment-208565\" class=\"wp-caption-text\"><em>Saleh: Chineses are seeking more investments in the region<\/em><\/figcaption><\/figure>\n<p>In 2016, Chinese investments in the UAE went to sectors such as wholesale and retail trade, financial and insurance services, real estate, construction, transportation, storage, and others, according to the AIM press release.<\/p>\n<p>\u201cThe UAE continues to improve its investment climate by introducing new legislation and policies suitable for business,\u201d said under-secretary of the Ministry of Economy for Foreign Trade Abdullah Al Saleh, according to the release. \u201cThis is to attract more foreign direct investment inflows, especially from China, which is seeking to expand its business and investment in the regional markets,\u201d he added.<\/p>\n<p>According to the release, 50% of Chinese products arriving in the UAE are re-exported to GCC, Africa and Europe. More than 4,200 Chinese companies are based in the Arab nation.<\/p>\n<p><strong>Quick Facts<\/strong><\/p>\n<p>Annual Investment Meeting<br \/>\n8 to 10 April 2019<br \/>\nApril 8, from 8 am to 5 pm; 9-10 April, from 10 am to 5 pm<br \/>\nDubai World Trade Centre, Dubai, United Arab Emirates<br \/>\nFor more information and registration,\u00a0<a href=\"http:\/\/www.aimcongress.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">access the conference website<\/a><\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-208564\">Press Release<\/div>\n<div class=\"credits-overlay\" data-target=\".wp-image-208565\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The non-oil trade volume between the two countries reached USD 53 billion. China will participate in the Annual Investment Meeting in Dubai.<\/p>\n","protected":false},"author":1454,"featured_media":208564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[7148,1808,343,37662,3736,132,139,3901,517,496,573,228],"class_list":{"0":"post-208575","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-abdullah-al-saleh","9":"tag-aim","10":"tag-annual-investment-meeting","11":"tag-china-en-2","12":"tag-china","13":"tag-comercio-exterior","14":"tag-dubai","15":"tag-fdi","16":"tag-foreign-trade","17":"tag-investments","18":"tag-trade-balance","19":"tag-uae"},"wps_subtitle":"The non-oil trade volume between the two countries reached USD 53 billion. China will participate in the Annual Investment Meeting in Dubai.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/208575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1454"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=208575"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/208575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/208564"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=208575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=208575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=208575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}