British Channel island seeks closer ties with UAE
ST HELIER: The External Relations Minister of the British Channel Island of Jersey, Senator Ian Gorst, has congratulated His Highness Sheikh Mohamed Bin Zayed Al Nahyan on being elected as the UAE President, expressing his hope for a further consolidation of bilateral relations.
“Congratulations and best wishes to Sheikh Mohamed in Zayed as he takes on the role of UAE President, succeeding his late brother,” Senator Gorst said in a tweet earlier today.
“I look forward to further consolidation of the excellent relations between Jersey and the UAE.”
Gorst also expressed his condolences to the UAE on the passing of Sheikh Khalifa Bin Zayed Al Nahyan.
“Saddened to hear of the death of Sheikh Khalifa Bin Zayed Al Nahyan,” Gorst said in a tweet. “My thoughts and condolences are with his family and the people of the Emirates in this most difficult of times.”
Meanwhile, the United Arab Emirates, represented by the Ministry of Finance (MOF), signed an agreement to promote and protect mutual investments with Jersey, as part of the country’s endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world.
The agreement, which was signed at the ministry’s headquarters in Dubai, aims to encourage foreign investment, protect both nations’ investments from all non-commercial risks, and secure a comprehensive balance between rights and obligations between investors and the host country, thereby stimulating business initiatives for sustainable economic development.
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, signed the agreement on behalf of the Government of the UAE, while Gorst, signed it on behalf of the Government of Jersey, in the presence of senior officials from both parties.
Al Hussaini reaffirmed the UAE’S keenness to bolster its relations with various countries of the world by signing such agreements, which contribute to echoing the country’s global financial and investment presence.