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Talks also touched on the developments on the global financial crisis and the practical steps that should be taken by governments to help banks |
UAE and UK ink a Memorandum of Understanding (MoU) aimed at boosting trade, as well as strengthening economic and technical ties, UAE Ministry of Economy indicated.
The agreement was signed in Abu Dhabi yesterday by UK Business Secretary Peter Mandelson and UAE Minister of Economy Sultan Bin Saeed Al Mansouri.
The talks also touched on the developments on the global financial crisis and the practical steps that should be taken by governments to help banks and financial institutions overcome the effects of the crisis on the global economy. Mandelson praised the UAE's constructive steps to support its economy and financial institutions.
