UAE, US explore ways to enhance partnership during New York meetings

The UAE and US have explored ways to enhance strategic partnership in key sectors like technology and sustainability, during roundtable meetings held on the sidelines of the UN General Assembly in New York.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade,  who led the Emirati delegation, emphasised the significant potential to further strengthen the existing economic ties between the two nations through enhanced trade, investment and collaboration in key areas of mutual interest.

The discussions reportedly paved the way for an ongoing partnership that will "not only improve trade relations but also foster mutual growth and technological advancement in both countries".

“The UAE and the US are enduring partners, driven by the same pursuit of innovation, development and economic growth. There remain many opportunities to further strengthen our economic ties in order to achieve mutual benefit,” Al Zeyoudi stated.

“Together, we can unlock new avenues for innovation, create jobs, and lead global efforts to develop and expand new fields that are pivotal to the global economy. We look forward to working hand-in-hand with the United States to develop the technologies of the future, driving global prosperity and sustainability.”

At the UAE-US Business Council meeting, Al Zeyoudi pointed to several ongoing collaborations that exemplify the robust partnership between UAE and US businesses. In the clean energy sector, the partnership between ADQ and Energy Capital Partners has resulted in a significant $25 billion joint venture aimed at investing in US energy production. Furthermore, Emirates Global Aluminium has invested $4 billion to construct the first new aluminium smelter in the US in 45 years, a move that will create thousands of American jobs and bolster the production of semiconductors and electric vehicles.

At the US Chamber of Commerce, Al Zeyoudi emphasised the growth potential of UAE-US economic ties and worked to strengthen relations between the two close economic allies.

Attendees from the US side included various prominent public sector officials, reflecting a shared commitment to fostering collaboration.