Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, affirmed that the UAE is keen to strengthen its trade relations with solid and rapidly growing economies to support the development process that the country is witnessing in various vital fields and sectors, and push it to broader horizons to enhance the growth of the national economy and create a better future. .
This came during his participation in a session entitled “The Future of Abrahamic Agreements” within the work of the World Economic Forum in the Swiss city of Davos, which will be held from 22 to 26 May, under the slogan: “The world is at a turning point: government policies and strategies for the business sector”, with the participation of more From 2000 ministers, government officials, decision-makers, thinkers, scientists, and elite leaders of the private and academic sectors to formulate new visions and ideas that enhance the readiness of governments and the private sector to face current and future challenges, identify common courses of action for the next stage, and develop a system of opportunities for a better future.
Thani Al Zeyoudi said that the Abrahamic agreements led to opening new and promising horizons to enhance cooperation and joint work between the UAE and Israel in the trade, economic, investment and development aspects, which contributes to promoting sustainable economic growth, which has a high priority within the UAE development agenda, and which reflects positively on supporting security and peace stability and consolidating the values of tolerance and coexistence in the region.
He touched on efforts to strengthen relations between the UAE and Israel under the umbrella of the Abrahamic agreements, and new horizons for cooperation, trade exchange and joint action that can be developed and built on in order to achieve aspirations to enhance the march of progress, development and prosperity, especially in priority areas such as business and investment.
technology, innovation, space projects, artificial intelligence, advanced energy, agriculture, food security, health and other development and economic fields.
The session was attended by Sheikh Khalid bin Ahmed Al Khalifa, Advisor to the King of Bahrain for Diplomatic Affairs, Sigrid Kaag, Deputy Prime Minister and Minister of Finance of the Netherlands, and Avigdor Lieberman, Minister of Finance of Israel.
The speakers touched on the future of the Abrahamic agreements and the main areas of mutual economic cooperation facilitated by the agreement, the volume of trade exchange that increased with Israel during the last stage, and the qualitative addition it can provide to the region’s economy, the main sectors that are likely to benefit from the outputs of the Abrahamic agreements, and the places and opportunities for growth. The main areas of business and investments, methods of exploring and developing them, and ways of employing them to promote economic growth, and the main areas in the civil society space that are likely to benefit from the agreement, in light of the new dynamism it has introduced to the reality and future of the region.
The speakers exchanged their main diplomatic, economic and commercial visions for the next phase, and ways to build on and enhance them, and to benefit from the great economic opportunities it entails.
It is noteworthy that the UAE participates with a high-level delegation in the activities of the annual meeting of the World Economic Forum, which includes a number of ministers and officials in the federal government, and senior officials in the government of Abu Dhabi and the government of Dubai, while 7 ministers in the government of the UAE speak in key sessions covering the most vital future sectors .
The forum focuses on 6 main axes, including restoring global order and regional cooperation, ensuring economic recovery and foreseeing a new era of growth, building healthy and just societies, protecting the climate and food and nature sources, leading the industrial transformation, and harnessing the potential of the Fourth Industrial Revolution.
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