Al Tayer receives president of European Bank

ABU DHABI: Obaid Humaid Al Tayer, Minister of State for Financial Affairs, and Sir Suma Chakrabarti, President of the European Bank for Reconstruction and Development, EBRD, today discussed ways to enhance relations between the UAE and EBRD, specifically in terms of supporting countries in the region witnessing political and economic transformations.

This came during their meeting here at the ministry’s headquarters, in the presence of Khalid Ali Al Bustani, assistant under-secretary of international financial relations sector at Ministry of Finance and the accompanying delegation of the bank.

Mr. Chakrabarti praised the UAE’s provision of development aid across the world and reviewed the different projects and programmes led by the Bank in Egypt, Morocco, Tunisia and Jordan, while stressing EBRD’s commitment to support private sectors as well as energy, water and job creation projects.