08 February 2019
Jersey’s Minister for External Relations is travelling to Dubai, at the invitation of the Government of the United Arab Emirates, to attend the World Government Summit. Senator Ian Gorst will spend two days in Dubai, meeting global leaders.
The annual summit hosts more than 4000 participants and invites world leaders, international organisations’ representatives, thinkers, and experts from more than 150 countries. It is a neutral, non-profit organisation that helps leaders in the public and private sectors to convene and collaborate with world-renowned experts, to create a positive impact for citizens worldwide. This year’s theme, for the seventh annual gathering, is the wellbeing of future generations.
The Minister’s visit supports the aims outlined in Jersey’s Common Policy on External Relations and reflects the strong commercial and political links between Jersey and the UAE, a priority growth market in the Government of Jersey’s Global Markets strategy.
Senator Gorst said: “I am delighted to have been invited by the Government of the UAE to attend the World Government Summit and to participate in the Ministry of Finance’s roundtable event. As a leading international finance centre, Jersey has a key role to play in providing capital for cross-border investment and in supporting financial inclusion.
“The Government of Jersey is committing to enhancing Jersey’s international profile, and to developing relationships with international partners based on shared interests. As we seek to expand our network of international agreements, we hope that our ties with global markets will ensure a legacy of sustainable economic growth for future generations.”
Jersey and the UAE ratified a Double Taxation Agreement last year, and officials have made excellent progress in negotiating a Bilateral Investment Treaty, which, when signed, will be Jersey’s first of its kind.