UAE to Strengthen Bilateral Relations with Tanzania
The United Arab Emirates (UAE) will
strengthen its relations with Tanzania through the implementation of
development projects in the country.
The announcement was made by
Mohammed Al Suwaidi, Director General at the Abu Dhabi Fund for Development
(ADFD), during a meeting with Tanzania’s President Magufuli in Dar es Salaam on
October 27th, 2016.
In particular, the ADFD is
interested in Tanzania’s mining and infrastructure development, including
railways, roads, and aviation.
During the meeting, Magufuli invited the
Fund’s Director to invest in the construction of Tanzania’s standard gauge railway
(SGR) along the central corridor, which is set to start in December 2016.
The 2,190km railway involves the
construction of a SGR from Dar es Salaam-Tabora-Isaac-Mwanza,
Tabora-Mpanda-Kalemela, Tabora-Kigoma, and Uvinza-Isaac-Keza-Msongati.
UAE Tanzania Relations UAE is among
Tanzania’s top five import partners headed by China representing 12% of total
imports, followed by Switzerland (8.8%), South Africa (8.5%), UAE (8.4%), and
India (7.6%). The trade balance between UAE and Tanzania stands at around USD2b
annually.
Tanzania imports mainly refined
petroleum products from the UAE, while the UAE is the largest buyer of cloves
from Tanzania
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