UAE, Türkiye explore future partnerships

A UAE delegation has discussed enhancing cooperation and exploring new areas for future collaboration, especially in the energy, industry and advanced technology sectors on a two day visit to Türkiye.

The visit also included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop. Delegates discussed collaboration across the gas, energy infrastructure, renewable energy, healthcare, biotech, agri-tech, defense, logistics, digital communication, e-commerce and financial services sectors.

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, who led the delegation, conveyed the greetings of the UAE’s leadership and people to the government and people of Türkiye. 

He emphasised that the two countries share a clear vision for sustainable economic growth and continue to expand their relations, as highlighted by the visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to Türkiye at the end of 2021, and the visit of Turkish President Recep Tayyip Erdogan to the UAE in February that resulted in cooperation agreements worth millions of dollars to invest in Türkiye, in addition to agreements and MoUs to boost cooperation across different fields that contribute to enhancing sustainable economic development.

He continued, "In line with the UAE’s Projects of the 50, which include many national strategic projects, we encourage businesses and institutions from both countries to take advantage of this partnership along with the opportunities and incentives offered. Doing so will develop relations in various fields, including energy, industry, and trade, which will contribute to achieving greater sustainable economic growth.

"The UAE is a leader in the energy sector, both conventional and clean, petrochemicals, metals, defense, pharma, and F&B. Cooperation with Türkiye in the energy, industry and advanced technology sectors, among others, indicates a strong commitment to increase joint investments. Our companies see opportunities in developing gas resources, energy infrastructure, renewable energy, healthcare, biotech, agri-tech, defense, logistics, digital communications, and financial services. While we are keen to expand our investments in Türkiye, we also want to drive mutually beneficial partnerships for industrial investment in the UAE."

As part of the visit, an agreement was signed between the UAE Space Agency and the Turkish Space Agency to boost collaboration in scientific fields, training, as well as knowledge and experience transfer.

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— WAM English (@WAMNEWS_ENG) July 14, 2022