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Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and his Syrian counterpart Faisal Mekdad two discussed bilateral cooperation in areas such as development, and shared their perspectives on humanitarian and regional matters, during a meeting in Abu Dhabi yesterday Wam reports.
UAE, US discuss boosting economic cooperation: Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with US Secretary of Commerce Gina Raimondo yesterday to discuss ramping up bilateral trade and investment ties, Wam reports. Al Zeyoudi also headed the UAE delegation to the latest SelectUSA Investment Summit during his working visit to Washington DC to explore windows for UAE-based businesses, investors and family offices in the US market, focusing on clean energy, logistics, infrastructure, and advanced technology sectors.
Fast facts: The UAE is the US’ largest Arab investor, with investments exceeding USD 38.1 bn. Bilateral trade between the countries totaled USD 40 bn in 2023, up 20.1% y-o-y and 50.2% compared to 2019. The US is the UAE’s third-largest global trade partner.
A UAE government delegation visited the Organisation for Economic Co-operation and Development (OECD) headquarters in Paris yesterday to discuss boosting bilateral cooperation and promoting UAE practices as global standards, Wam reports. Discussions focused on accelerating development across agile governance, digital transformation, AI, zero bureaucracy, innovation, community participation, and entrepreneurial encouragement areas.
The delegation invited the OECD Secretary-General to attend the upcoming World Governments Summit — scheduled for February 2025 in Dubai — during their visit.
