UAE, Netherlands To Bolster Collaboration on Various Sectors


During a CEO roundtable in Dubai titled "Energizing the Future," Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Mark Rutte, Prime Minister of the Kingdom of the Netherlands, agreed to increase collaboration on future sectors.

They both expressed a desire to catalyze investment flows and joint ventures in priority sectors such as renewable energy, space industry, artificial intelligence, entrepreneurship, agri-tech, and smart mobility solutions, and the meeting was concluded by witnesses witnessing the signing of an agreement to collaborate on water management.

Mark Rutte was leading a Dutch delegation to the United Arab Emirates to seek stronger trade and investment ties between the two nations, including the establishment of a sustainable economic corridor that can leverage the opportunities created by Net Zero and the drive for decarbonized value chains. This includes the potential for the transportation of green hydrogen between the two nations, as per ANI.

In recent years, the UAE and the Netherlands have expanded bilateral relations, with the Netherlands ranking among the UAE's top five commercial partners in the EU. Bilateral non-oil trade reached AED11.2 billion in the first half of 2023, a 20.4 percent increase over the same time in 2022.

As per Al Zeyoudi, the roundtable, which also included Gerard Paul Marie Hubert Steigs, Ambassador of the Kingdom of the Netherlands to the UAE, helped to underscore a commitment to working together to discover innovative solutions to the world's most important concerns.

Current Issue