Sultan Bin Saeed Al Mansouri, The United Arab Emirates (UAE) Minister of Economy, has stressed the importance of international cooperation to deal efficiently with global economic challenges. He was signing the protocol of the second UAE- Azerbaijan joint economic committee in Abu Dhabi yesterday with his counterpart Shaheen Mustafayev, Azerbaijan"s Minister of Economic Development. Both sides reviewed current economic situation in their respective countries and committed to face the challenges of the global downturn together. They also reiterated their commitment to exert efforts to expand trade and economic cooperation between the two countries. They also assessed implementation of the actions contained in the first Protocol, according to a report of the UAE news agency "WAM".