Page 208 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

US President's visit highlights robust UAE-US economic ties

• Thursday, May 15, 2025 10:29 AM

• 3 minutes Reading
ABU DHABI, 15th May, 2025 (WAM) -- The United States President Donald Trump's visit to the UAE
marks a significant step in strengthening the strategic partnership between the two nations.

The visit underscores the shared commitment to building on long-term economic relations and
exploring new opportunities for collaboration.

Abdulla bin Touq Al Marri, Minister of Economy, echoed these sentiments, noting that the visit
embodies the vision of the UAE's leadership to strengthen partnership bridges and promote
economic openness.

"The UAE and the United States share historical and strategic relations built on friendship and
mutual understanding," he said. "This visit reinforces the UAE's position as an influential global
economic hub, and supports the achievement of sustainable economic and social development."

The economic ties between the two nations are demonstrably strong. As Al Marri pointed out, the
total number of American companies operating in the UAE markets has reached nearly 13,000, with
over 66,000 US trademarks present in the country by the end of 2024. Simultaneously, more than
115 Emirati companies operate in the US across diverse sectors, including healthcare, e-
commerce, tourism, aviation, hospitality, technology, and artificial intelligence.

Highlighting the trade aspect, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade,
noted the importance of the United States as a key trade partner, highlighting the ongoing efforts to
elevate the partnership to new heights of growth and prosperity.

"The United States is a close partner and friend to the United Arab Emirates, and we look forward to
further strengthening our bilateral trade relations and ensuring that our shared path of prosperity
continues by promoting the smooth flow of goods, services, and capital necessary to stimulate
shared economic growth," he stated.
Al Zeyoudi further emphasised the significant trade volume between the two countries, noting that
the US remains the UAE’s largest trading partner outside Asia and its sixth-largest globally,
accounting for 4 percent of the UAE's total non-oil trade, which reached $32.8 billion in 2024.

This robust trade relationship is expected to grow further as both nations actively seek to stimulate
intra-regional trade and investment in sectors of mutual interest, such as clean energy, sustainable
industrial development, and advanced technology.

The strong tourism ties also play a crucial role in this partnership. Minister Al Marri highlighted that
UAE hotel establishments welcomed approximately 980,200 American guests in 2024, marking a
5.4 percent increase compared to the previous year. The 112 weekly flights between the two
countries further underscore the growing tourism activities and connections.
For his part, Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the
UAE’s role as a reliable energy partner and highlighted its position as one of the largest investors in

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