ABU DHABI, 19th October, 2016 (WAM) — President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo urged greater investment in his country during a meeting with members of the UAE business community.

He also praised the wise leadership of the UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, stressing the importance of enhancing cooperation, including economic and investment ties between the UAE and his country.

He further expressed his country’s desire to benefit from the UAE’s pioneering experience in cultural, economic and urban development in all fields and sectors.

During an expanded meeting, held today at Jumeirah At Etihad Towers with Mohammed Thani Murshid Al-Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber, along with members of the chamber, Mbasogo said that the UAE and Equatorial Guinea enjoy good relations at all levels, and are pursuing the development of economic and investment cooperation. He also pointed out that the visit would open up new partnerships between the two sides.

Mbasogo called upon Emirati businessmen and investors to invest in his country and take advantage of opportunities in a number of vital sectors and fields. He said he was prepared to provide all assistance to contribute to the success of UAE investments in Equatorial Guinea.

Al-Rumaithi noted that the Abu Dhabi Chamber of Commerce and Industry, in carrying out the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, exerts efforts to develop economic co-operation with the fraternal and friendly peoples and in extending economic and investment bridges with Equatorial Guinea for the benefit of the two friendly peoples.

Among those who attended the meeting were the accompanying delegation of the President of Equatorial Guinea and a number of officials.