UAE Ambassador to the Republic of Armenia Dr. Nariman Al Mulla has highlighted the strong relations between the two countries, which are witnessing a new historical era of cooperation.
Ambassador Dr. Al Mulla said on the 25th anniversary of the establishment of diplomatic relations between the UAE and Armenia, that both countries look forward to strengthening bilateral relations, especially in the economic, commercial, and investment fields.
UAE Ambassador underscored the keenness of both countries to enhance their historical cooperation for the benefit of both countries and peoples, highlighting that “under the directives of the leaderships of the UAE and Armenia, mutual economic partnerships are experiencing continuous growth, creating more opportunities for the business community and the private sector in the markets of both countries.”
Further, Dr. Al Mulla affirmed the Embassy’s keenness to facilitate economic and trade links and provide all necessary assistance to companies and businesspeople, to diversify current partnerships and to assist emerging businesses to expand in sectors of common interest, including trade, technology, agriculture, food security, tourism and travel, renewables, transport, as well as other new economic sectors, especially technological industries, space, and the circular economy.
The non-oil trade volume between the UAE and Armenia reached approximately $1.53 billion in 2022, with a growth rate of 673 percent compared to 2021. The total UAE non-oil exports to Armenia amounted to almost $229 million in 2022, with a growth rate of 245 percent compared to 2021.
The bilateral relations between the UAE and Armenia have witnessed significant development in recent years, with mutual visits and meetings between officials from the two countries leading to further cooperation.
“In addition, the number of Emirati tourists visiting Armenia increased significantly, reaching 7,751 in 2022, after Armenia canceled the entry visa for citizens of the country, as of 22nd March 2017,” as per the reports.
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