Sheikh Mohammed: The UAE is all set to host Expo 2020 Dubai

Abu Dhabi: The UAE is all set to host Expo 2020 Dubai, which can happen in October, with the participation of 190 nations.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, chaired a Cupboard assembly on Wednesday, throughout with preparations for Dubai Expo 2020 had been reviewed.

“The success of Expo after the COVID-19 pandemic is a success for the world as it raises optimism for the recovery of the global economic and cultural activity,” Sheikh Mohammed mentioned.

The Vice-President instructed all federal ministries to play main roles in the course of the Expo occasion in order to develop prospects for worldwide cooperation and contribute to attract the subsequent world agenda on varied points.

“After 10 years of hard work, 230,000 workers, Expo 2020 will kick off after 170 days, and we are ready to welcome the world at Expo 2020 Dubai,” Sheikh Mohammed mentioned.

Sheikh Mohammed accredited a nationwide technique to draw and retain expertise in order that the UAE develop into among the many world’s high three locations in attracting sensible minds and residential to the perfect world human capital to help the nation’s journey of improvement.

He additionally accredited an bold coverage to boost UAE exports and enhance the contribution of nationwide commodities to 50 per cent of whole exports, by opening up new channels and concluding agreements with strategic markets the world over.

A number of amendments to taxation procedures have been endorsed to make it simpler for patrons and scale back burden on the enterprise sector.

Sheikh Mohammed additionally accredited legislative amendments to the Insolvency legislation to going by way of monetary difficulties. “The UAE Cabinet will remain flexible, fast and respondent to keep pace with all circumstances.”