HE Abdulla bin Touq Al Marri, UAE Minister of Economy, has explored opportunities for cooperation with HE Aziz Abdel Hakimov, Minister of Environment, Environmental Protection and Climate Change, and responsible for the tourism portfolio of Uzbekistan.
Further, they discussed the development of partnerships in the areas of new economy, sustainability, circular economy, entrepreneurship, and SMEs.
Mr. Al Marri emphasized that the UAE-Uzbekistan relations are strong and characterized by continued growth in various fields, historical ties, geographical proximity, and shared cultural and Islamic values.
“Both our countries boast geographical locations through which key markets in Asia and Africa can be accessed. In addition, both markets offer numerous promising opportunities in new and sustainable economic sectors that can be leveraged to build more economic partnerships at the government and private sectors, thus elevating our existing partnerships to new levels. Our meeting with the Uzbek delegation is an important step forward in strengthening economic cooperation, facilitating dialogue at the private sector level, and unlocking new avenues for efforts that support bilateral cooperation in economic sectors of shared interest. The meeting is particularly important as it comes ahead of the UAE’s hosting of COP28 in Dubai from 30 November to 12 December 2023.”
As per the statement, the meeting discussed strengthening cooperation and exchange of experiences and expertise on sustainable policies for tourism, entrepreneurship, and SMEs development, in addition to exploring opportunities in these sectors that are key to economic growth.
The UAE Minister of Economy also elaborated on the UAE’s efforts in promoting sustainable development and achieving climate neutrality through the launch of several initiatives, strategies, and programs. This includes the UAE Circular Economy Policy 2031 to promote the transition towards a circular economic model. It will be achieved through the development and implementation of 22 circular economy policies in four key sectors such as manufacturing, food, infrastructure, and transport, thus enhancing the UAE’s position as a global hub for circular economy.