UAE, Netherlands to collaborate on sustainability, energy transition, advanced technology

UAE, Netherlands to collaborate on sustainability, energy transition, advanced technology

ABU DHABI: Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Mark Rutte, Prime Minister of The Kingdom of the Netherlands, have agreed to deepen collaboration on industries of the future during a CEO roundtable in Dubai held under the theme “Energizing the Future”. They both expressed the desire to catalyze investment flows and joint ventures in priority sectors such as renewable energy, space industry, artificial intelligence, entrepreneurship, agri-tech and smart mobility solutions, and concluded the meeting by witnesses the signing of an agreement to cooperate on water management.

Mark Rutte was leading a Dutch delegation to the United Arab Emirates to seek stronger trade and investment ties between the two nations, including the establishment of a sustainable economic corridor that can leverage the opportunities created by Net Zero and the drive for decarbonized value chains. This includes the potential for the transportation of green hydrogen between the two nations.

The UAE and The Netherlands have been expanding bilateral relations in recent years, with The Netherlands among the UAE’s top-five trading partners in the EU. In the first half of 2023, bilateral non-oil trade reached AED11.2 billion, representing a 20.4 percent increase on the same period in 2022.

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