UAE, Austria hold joint economic committee meeting

UAE, Austria hold joint economic committee meeting

Abdulla bin Touq Al Marri, Minister of Economy, and Martin Kocher, Austrian Minister of Economy and Labour, chaired the UAE-Austria Joint Economic Committee, which was attended by several representatives from both countries' government and private sectors. Abdullah Al Saleh, Undersecretary of the Ministry of Economy, and Florian Frauscher, Director General of Economic Affairs, Innovation, and International Policy at the Austrian Ministry of Economy and Labour, signed the minutes of the session. The Joint Economic Committee was held in Dubai, to strengthen cooperation and forge partnerships between the two countries in the fields of trade, investment, tourism, AI, technology, green energy, logistics, infrastructure, and vocational training in the near future. Bin Touq affirmed that the bilateral relations between the UAE and Austria are strategic, marked by continuous development on various fronts. This can be attributed to the forward-thinking vision of both leaderships to continually develop the bilateral partnership by capitalising on emerging opportunities. The Minister of Economy said, "The UAE-Austria Joint Economic Committee is a new milestone in strengthening our bilateral economic ties and fostering collaboration across mutually beneficial sectors. It also aims to explore promising opportunities in both countries' markets. The convening of this session aligns with the UAE's strategic