Mr. Olivier Becht, French Minister of Foreign Trade, stated that France and the UAE share a common vision of accelerating the shift to green energy to tackle the growing threats posed by climate change.
The two countries are working together on low-carbon energy solutions, the French minister said, expressing his trust in the UAE’s ability to successfully host COP28 at Expo City Dubai in November.
The world shares his belied about the country’s leadership in climate change, Mr. Becht commented.
The UAE and France over the last few years have expanded bilateral ties, growing the relationship historically rooted in the energy trade.
The countries now focus on sharing culture, exploring areas for foreign direct investment (FDI), and cooperating across sectors including transport, health, and space exploration.
The relationship’s shifting nature has unlocked new opportunities for the private sectors in both countries to engage with their counterparts. The evolving relationship also prioritizes private sector engagement between countries.
The relations between the UAE and France are deep-rooted, Mr. Becht further added, noting that he plans to visit the UAE soon to discuss ways of boosting the economic cooperation between the two countries and take it to the next level.
In February, the UAE and France agreed to launch a bilateral program that combines French and Emirati expertise to develop commercial and investable opportunities to accelerate clean energy development, mainly in the decarbonization of hard-to-abate (HTA) industries, including exploring clean hydrogen solutions for mobility.