Page 218 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
P. 218

5/23/25, 4:08 PM                Trump’s visit signals 'new heights' for trade partnerships with UAE, say ministers | The National












































        “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 said.


        The US is the UAE’s largest trading partner outside Asia and the sixth largest globally

        accounting for 4 per cent of the UAE’s non-oil trade that reached $32.8 billion last year.


        More than 1,800 US companies have set up in the UAE, according to the UAE Chamber of

        Commerce and Industry that anticipates a rise in the businesses keen on expanding to the
        Emirates. More than 115 UAE companies operate in the US in health care, technology, tourism,

        aviation, AI and hospitality.


        The UAE has investments in the US estimated at about $1 trillion in sectors across aviation,

        manufacturing, energy, advanced technology, and artificial intelligence. Both countries also work
        closely to strengthen regional and global security along with economic prosperity.


        Watch: Big. Bigger. Biggest. Donald Trump's deals in the Gulf






      https://www.thenationalnews.com/news/uae/2025/05/15/trumps-visit-signals-new-heights-for-trade-partnerships-with-uae-say-ministers/  2/3
   213   214   215   216   217   218   219   220   221   222   223