POLITICS / ABU DHABI: Prime Minister David Cameron visits Zayed University

POLITICS / ABU DHABI: Prime Minister David Cameron visits Zayed University; re UK ECONOMIC PROBLEMS: - Our 2 countries need each other - This year you have very successful growth - You've bounced back from 2008 problems - UK is finding it harder going - Banking sector suffered - Budget deficit being paid down - You are big oil producing nation and have a surplus to invest - UK very welcoming to your investment - Good output for your investment - UK needs to trade its way out of recession and link up with fastest growing economies - 50% of our exports go to Europe - Uk on course to double its trade with UAE - We are a great home for investment from your country - A lot more collaboration we can do over defence - Setting up joint projects, investing for the future re UK + UAE ENERGY SUSTAINABILITY: - Vital question for all economies around the world- We'll see oil and gas peak and then turn down - UK has been a substantial producer of oil and gas from North Sea - Our policy is to make sure we have a diversity of supply - Reinvesting in civil nuclear power, - We have the largest amounts of renewable energy in EU - Our vision is one of balanced energy policy, some nuclear, some renewables, plus gas - We think we'll have balanced energy policy - All countries have to understand as we move to electric vehicles, we'll see big increase in electricity demand - We must try and meet more of that demand from either nuclear, renewable - Need to look at carbon capture storage projects - Not just a cost and obligation but an opportunity- Your country is not resting on laurels but are big investors in renewable technology of the future re NEXT STEP IN ARAB SPRING COUNTRIES: - I am a supporter of the Arab Spring - Chance to move towards more open societies is good for Middle East and North Africa - We should respect different traditions and pathways - We shouldn't think all countries are the same - Build...