Ministers Spajić and Milatović meet with UAE Minister of Economy

Minister of Economic Development Jakov Milatović and Minister of Finance and Social Welfare Milojko Spajić and their associates met with Minister of Economy of the United Arab Emirates Abdulla bin Touq Al Marri in Dubai.

The meeting discussed the possibilities of improving cooperation between the two countries and pointed out that the Government of Montenegro is committed to economic development, whose ultimate goal is to improve the standard of living based on sustainable principles that will guarantee long-term stability of public finances.

The Minister of Economy of the UAE expressed satisfaction that his country will be a partner in the Investment Forum which will be organised by Montenegro on 7 February, as part of the National Day at Expo 2020. The Montenegrin delegation, led by Minister Milatović, was invited to participate in the Annual Investment Conference at the end of March in Dubai.

Minister Spajić pointed out the importance of investment cooperation. He emphasised that development and a better standard of living are a priority for Montenegro, which is already being provided through the economic reform "Europe Now!". The meeting also discussed business after the coronavirus pandemic, as well as the role of blockchain technology.

Here, you are constantly surrounded by people who have a vision and that is what Montenegro has always needed, our goal is to accelerate the dynamics of our country's progress, said Spajić.

Minister Milatović announced the intensification of cooperation with the UAE at several levels.

The Minister of Economy of the UAE, Mr. Abdulla bin Touq Al Marri, expressed satisfaction that they will be our partners in the Investment Forum we are organising on 7 February to mark National Day at Expo 2020. I was invited to participate in the Annual Investment Conference in late March in Dubai, and we have agreed to hold a joint commission session, which will further strengthen the cooperation between the two countries. In the next period, we will intensify cooperation with the UAE on several levels, hoping that we will soon have flights throughout the year, which is strongly supported by the UAE Minister of Economy, Milatović emphasised.

Minister Spajić thanked for the invitation to participate in the Annual Investment Conference and stressed the importance of exchanging experiences. The UAE Minister of Economy played a vital role in launching initiatives of national importance aimed at making Dubai the city of the future.

In that sense, the exchange of experiences is important to us, especially in the blockchain segments, which we see as a chance for the development of our country. We want Montenegro to be the country of the future in the region, but also beyond, Spajić emphasised.

Our presence at Expo 2020 brought us a huge experience and made us much more visible for some new markets, said Milatović.