The Abu Dhabi-Poland Business Forum has kicked off to discuss the prospects of accelerating investment and trade cooperation between the two countries in areas of energy, industry, advanced technology, and food security.
The forum was organized by the Abu Dhabi Department of Economic Development (ADDED), the Government of Silesia, and the Embassy of the Republic of Poland in the UAE.
On the sidelines of the forum, the Polish Silesian government announced the launch of a representative office in the emirate of Abu Dhabi to fuel growth and prosperity in bilateral, trade and investment relations between the two countries.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said that “the UAE is currently one of Poland’s largest trade partners in the region and non-oil trade between the two countries totaled $1.3 billion in the first nine months of 2022, with a growth rate of 21 percent over the same period in 2021.”
“By comparison, in the whole of 2021, non-oil trade between the two countries amounted to $1.45 billion, a 12 percent growth in 2020,” the UAE minister noted.
Dr. Al Zeyoudi explained that in recent years, the UAE has also become Poland’s key partner in the Arab world in terms of political dialogue and economic cooperation, with more than 20 agreements signed between the two countries in various fields.
For his part, Mr. Rashed Abdulkarim Al Blooshi, Under-Secretary of ADDED, stated that the inauguration of the Polish representative office in Abu Dhabi is a key milestone in the UAE-Poland relationship, affirming that it will pave the way for more fruitful collaboration between the two countries.
Further, Mr. Al Blooshi highlighted the anticipated growth in the near future by noting the joint economic collaboration program launched by UAE and Poland to promote bilateral business and investment partnerships between them.