Tuesday, 24 March 2009

UAE warns against protectionist measures

The UAE believes countries engaged in international trade should not impose protectionist measures, a senior official at the Ministry of Foreign Trade said.

"The imposition of protectionist measures by states is harmful, especially to the service sector which sees the greatest level of international development and growth," said Abdullah Al Saleh, ministry's Director General.

"It is necessary today to remove any restrictions obstructing the influx of foreign investment and to safeguard such investments.

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