Sunday 22 October 2017
 
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Story

Sheikh Ahmed receives the letter of UK's
participation from Dr Fox

UK ready to seize Expo 2020 'Opportunity'

DUBAI, 17 days ago

UK Secretary of State for International Trade Dr Liam Fox announced today that Britain wanted its pavilion at the Expo 2020 Dubai to be in the 'Opportunity' thematic district.

He said Dubai is on track to host an “incredible experience for millions”.

Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Expo 2020 Dubai Higher Committee, today welcomed Dr Liam Fox at his office in Dubai.

Dr Fox was briefed on the progress of Expo 2020 Dubai and plans for its legacy development, District 2020, which was unveiled last month at Cityscape Global 2017.

Dr Fox reiterated his nation’s support for Expo 2020 Dubai as he handed over the official letter of participation. He emphasised that a global, outward-looking country such as the UK could use Expo 2020 Dubai as a springboard for strengthening international trade and relations in a post-Brexit era outside of the European Union.

Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General, Dubai Expo 2020 Bureau, was also present at the event during which Dr Fox said the Opportunity thematic district would fit the UK’s aspirations from Expo perfectly, bringing new business opportunities and the chance to build new partnerships for his country.

His Highness Sheikh Ahmed bin Saeed Al Maktoum said: “The UAE and the UK have very distinguished historical relations. The cooperation agreements between the two countries reflect the depth and strength of those relations, covering taxation, security, encouragement of investment, and aviation among other areas.”

“Britain was one of the countries that first supported the efforts of the UAE for the honour of hosting Expo 2020 Dubai. We are grateful for their continuous backing that was stressed today by Dr Liam Fox. We look forward to more connection with the British institutions and companies that will join us in the journey to 2020 and beyond.”

Dr Fox said: “I am delighted to visit Dubai as the UAE prepares for the new chapter in its exciting success story that will be boosted by Expo 2020 Dubai. The United Kingdom is also opening a new chapter in its history as we look to an economic future that grows in partnership with friends around the world.

“We are excited about the incredible opportunities that Expo 2020 Dubai will open, and already is opening, for the outward-looking ‘Global Britain’ we are. Britain aims to be a leading advocate for free trade across the world and we look forward to developing this goal by connecting with nations, multilateral organisations and corporations in one of the most exciting locations on earth and the crossroads of East and West.

“Today, I learned more about the latest plans for Expo 2020 Dubai and its legacy and heard about the great progress that is being made on construction of the site. Dubai is on track to host what will be an incredible and inspirational experience for millions of people from around the world.”

Dr Fox added that the UK fully understands the potential of World Expos to be a platform for positive change since the concept originated in London with the Great Exhibition of the Works of Industry of all Nations of 1851.

The UK has been a regular participant at World Expos over the past 166 years, including at the Expo Milano 2015, where the British national pavilion won 22 international awards.

Over the history of Expos, the nation’s pavilions have demonstrated the best of British creativity and flair, such as the award-winning Hive in Milan, which was the UK’s top paid-for attraction in 2015 with 3.3 million visitors. It has now been erected in Kew Gardens, London.

The UK was one of the first nations to publicly support Dubai’s bid to host Expo 2020 and also one of the first countries to publicly announce its official participation after the bid was won.

The UK and the UAE have strong trade and investment links. About 5,000 UK businesses operate in the UAE and more than 100,000 British nationals live in the country. The UAE is the UK’s 12th largest trading partner, reaching Dh63 billion in bilateral trade in 2015. The UAE-UK Business Council has agreed an ambitious target of GBP25 billion (Dh122 billion) of bilateral trade by 2020.  - TradeArabia News Service
 




Tags: UK | opportunity | expo 2020 |

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