President of the EAU, his highness, Sheikh Mohamed Bin Zayed al Nahyan and his excellence Ursula von der Leyen, president of the European Commission, agreed a phone call today to launch the negotiations to take a comprehensive career agreement.
Duration The call, its highness reaffirmed the depth of relations between the EAU and the EU, while highlighting its joint commitment to strengthen these ties with mutual interest in series, specialty in the economic sphere.
His highness pointed out that the decision to initiate negotiations on a strain with the EU reflects a shared determination of unlocking the entire potential for cooperation and advancing in its economic, commercial and investment ties in support of the development objectives.
His highness added that, once concluded, the strain would create new roads for cooperation between the EAU and the EU, increase commercial and investment flows, and strengthen associations between the commercial communities of both sides. He stressed that EAU-EU relations are based on a common vision of stability, growth and PRSperity.
For his part, his excellence Ursula von der Leyen stressed the strength of ties between the EAU and the EU, pointing out that the launch of strain negotiations marks a step towards a more dynamic and robust phase in its economic cooperation.
The announcement follows the signing of a joint statement of intention of its excellence Dr. Thani Bin Ahmed al Zeyoudi, Minister of the EAU or Forest Commerce of the State, and his excellence Valendis Dombrovskis, EU trade commissioner, to begin negotiations about him.
The EU is the second largest commercial partner of the EAU, which represents 8.3% of the non -oil trade of the EAU. In 2024, non -oil trade between the EAU and the EU reached USD 67.6 billion, which represents a growth of 3.6% compared to the previous year. The EAU is also the largest export destination and investment partner in the EU in the Middle East and North Africa. By reducing unnecessary tariffs and barriers and improving access to the goods and services market, the strain is expected to promote opportunities in key sectors such as advanced manufacturing, health, logistics and artificial intelligence, among others.
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