The Eighth U.S.-UAE Economic Policy Dialogue on June 8 was co-chaired by the Deputy Minister for Economic and Trade Affairs of the Ministry of Foreign Affairs and International Cooperation of the United Arab Emirates, HE Abdulnasser Alshaali, and the Acting Assistant Secretary of State for Economic and Trade Affairs, Peter Haas, for further develop bilateral relations and consolidate the economic partnership between the two countries. The dialogue was opened by Ambassador Marcia Bernicat, senior official responsible for economic growth, energy and the environment, and Joey Hood, acting assistant secretary of state for Near Eastern affairs. Deputy Chief of Mission of the UAE Embassy in the United States, Shaima Gargash, also participated alongside numerous officials from both governments.
During the discussions, the two countries reaffirmed their desire to broaden their engagement and pursue new opportunities in health research, space, environmental and commercial programs. Despite the challenges embodied by the current global health situation, both parties applauded the convening of the event with significant in-person attendance and underscored their shared commitment to maintaining open and regular communication.
Both delegations confirmed that economic relations between the United States and the UAE remain close and constructive, with the UAE maintaining its position as United States’ largest trading partner Middle East and North Africa for the twelfth consecutive year. They highlighted a number of achievements regarding women’s economic empowerment, cooperation on economic and social development initiatives, effectiveness of anti-money laundering and anti-terrorist financing policies, improved the protection of intellectual property and the positive development of the investment climate. . They also welcomed the historic signing of the Abraham Accords in September 2020.
United States and the United Arab Emirates are also committed to exploring new and expanding existing cooperations in various fields, including climate change and the environment, global health security and healthcare research, space, science and technology. digital economy and emerging technologies, financial crime prevention and women’s economic empowerment. At the end of the meeting, the delegations of the United States and the United Arab Emirates reiterated their desire to work closely together to promote bilateral cooperation, identify avenues for regional partnerships and seek new opportunities for positive engagement.
In 2012, the United Arab Emirates and the United States joined to form the Economic Policy Dialogue, which serves as the annual platform for the two governments to promote bilateral trade and investment and to facilitate a more business-friendly environment. cooperative.
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SOURCE Embassy of the United Arab Emirates