UAE-German non-oil trade rises 10.5% to $9.5 bn in 2021: Dr Thani Al Zeyoudi

UAE-German non-oil trade rises 10.5% to $9.5 bn in 2021: Dr Thani Al Zeyoudi

WAM: The UAE has become Germany’s most important trading partner in the Middle East, said Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, adding that the non-oil trade between the two countries amounted to $9.5 billion during 2021, a 10.5 percent increase compared to 2020.

He said this while addressing an event in Dubai last week on the occasion of the 50th anniversary of diplomatic relations between the UAE and the Federal Republic of Germany.

“The long-lasting and valuable friendship our nations share goes all the way back to May 1972 when diplomatic ties between us were first established,” Al Zeyoudi said at the reception jointly hosted by Ernst Peter Fischer, the German Ambassador to the UAE; Holger Mahnicke, the Consul-General of Germany in Dubai; and Oliver Oehms, the CEO of the German Emirati Joint Council for Industry & Commerce (AHK).