DUBAI
Prime Minister’s Special Envoy for Investment Javed Malik said on Wednesday that countries have to adopt innovative approaches to attract foreign direct investment (FDI) and new strategies are needed to promote country’s investment and trade potential globally.
He was speaking on the first day of the Annual Investment Conference 2014 at a panel discussion in which global experts in foreign direct investment and government officials were taking part.
A keynote address by Secretary General of UNCTAD (United Nations Conference for Trade and Development) was also scheduled.
The annual investment conference officially started in Dubai on April 8, 2014 and was formally inaugurated by Prime Minister of United Arab Emirates, Sheikh Muhammed Bin Rashid Al Maktoum along with the Crown Prince of Dubai and senior government officials from UAE.
More than 20 Ministers along with trade and investment delegations from over 100 countries are taking place in the conference in addition to heads of international trade and investment organizations.
After the inaugural session, Ambassador Malik especially participated in an international panel discussion entitled “Investment Partnerships and New Forms of FDI, Greenfield Investment versus Mergers and Acquisitions”.
The session was moderated by Ruth McKee and other participants included Alexandre David de Sousa Costa Secretary of State for government of Angola, Ana Teresa T. Lehmann from Portugal, and Hassan Sohbi, from the German company Taylor-Wessing in addition to other UAE and European participants.
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