Seychelles President Visits UAE For Bilateral Cooperation Talks
Seychelles President, France
Albert Rene paid a state visit to the United Arab Emirates at the weekend, in
order to participate in talks about extending bilateral cooperation between
the two regions. President Rene met with
the President of the UAE, Sheikh Zayed bin Sultan Al-Nahyan, and the Crown Prince
of Abu Dhabi, Sheikh Khalifa bin Zayed Al-Nahyan, to discuss the need to bolster
political, trade, and investment ties between the two jurisdictions, and described
the meetings as a 'potent symbol of the warm relations which exist' between
the Seychelles and the United Arab Emirates. Sheikh Khalifa, keen to
develop the region's standing as a centre for international business, reportedly
stressed the need to encourage globally mobile business people and expatriate
workers to take advantage of the opportunities available in both jurisdictions.
He also expressed hopes that President Rene's visit would pave the way for more
joint ventures and investment between the Seychelles and the UAE. However, it is not known
as yet whether any taxation initiatives or tax sparing agreements were discussed
at the weekend meeting. .
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