Today: 10 October 2025
2 December 2020
2 mins read

UAE, Australia set up business council to boost trade

The launch was also attended by the UAE Ambassador to Australia, Abdulla Al Subousi, the Australian co-chair, the Hon Christopher Pyne, and the UAE co-chair, Badr Al-Olama, …reports Asian Lite News

The Prime Minister of Australia, the Hon Scott Morrison officially launched in Sydney the first-ever Australia-United Arab Emirates Business Council aimed at deepening bilateral trade and investment and expanding opportunities for Australian and UAE businesses.

Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, followed the Australian Prime Minister in welcoming the launch of the Business Council.

“Since the establishment of diplomatic relations in 1975, the UAE and Australia have been bound together by strong and longstanding ties, ranging from trade, tourism, investment, and culture, to people-to-people contacts, ultimately leading to a mutual benefit for both our nations,” said Dr. Anwar Gargash in a video message.

“I would like to welcome the decision to inaugurate this Business Council despite the pandemic. I truly believe that this Council will accelerate the growth of our economic cooperation in the years to come, as well as enhance investment and trade exchange,” he added.

The launch was also attended by the UAE Ambassador to Australia, Abdulla Al Subousi, the Australian co-chair, the Hon Christopher Pyne, and the UAE co-chair, Badr Al-Olama, who provided a video message of support from the UAE.

Australian Co-Chair, Mr Pyne, said that the establishment of the business council was long overdue for the two nations.

“I was surprised to learn during my time in politics that there has never been a business council before between Australia and the UAE. Our countries have so much to offer each other and it is our interest to promote mutual prosperity,” said Pyne.

“The Council will allow Australian and Emirati businesses an unparalleled chance to connect with decision makers in both government and enterprise to better foster and understand future requirements and opportunities.”

UAE Co-Chair Badr Al-Olama, said: “Establishing an Australia UAE Business Council has long been overdue, since our two great nations have been great allies and great friends over the many years.

“The depth and breadth of this long-standing relationship is demonstrated by the standing of the UAE as Australia’s largest trading partner in the Middle East, and the appeal of Australia as one of the top real estate investment destinations for the UAE.”

Also read:Bahraini Minister hails ties with UAE

Previous Story

Danish govt steps up curbs amid Covid surge

Next Story

Shekhar Suman Awaits A Miracle

Latest from -Top News

India, UAE Strengthen Green Partnership

At the IUCN 2025 in Abu Dhabi, Minister Kirti Vardhan Singh urged stronger India‑UAE climate and biodiversity cooperation….reports Asian Lite News The government said India and the UAE have significant potential to

Trump eyes Egypt trip

Trump eyes Egypt trip for Gaza ceasefire signing as deal paves way for hostage release…reports Asian Lite News President Donald Trump said on Thursday that he intends to travel to Egypt for

200 US troops to monitor Gaza ceasefire deal

The US coordination center will be staffed by service members who have expertise in transportation, planning, security, logistics and engineering…reports Asian Lite News The United States is sending about 200 troops to

Federal bodies align for inclusive growth

The UAE Gender Balance Council reviews strategic initiatives across federal entities, strengthening policies, advancing inclusion, and reinforcing the nation’s leadership in equality, diversity, and sustainable development….reports Asian Lite News The UAE Gender

SIBF to host 2,350 exhibitors Nov 5-16

The 44th Sharjah International Book Fair unites publishers, authors, and intellectuals from 118 countries, celebrating literature, workshops, cultural exchange, and Greece as Guest of Honour….reports Asian Lite News The 44th Sharjah International
Go toTop