Page 450 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

noted that Emirati investments cover vital sectors including defence, technology, hospitality, and
urban development.

Al Zeyoudi pointed out the growing interest from Emirati companies in investing in the food and
industrial sectors, where Belarus possesses significant expertise and competitive capabilities.

As part of the ongoing strategic relations between the two countries, Al Zeyoudi said that over the
recent months, negotiations on a free trade agreement concerning goods with the Eurasian
Economic Union have been completed. It is expected to be signed soon in Minsk. He also noted the
completion of a supplementary bilateral agreement on services and investments, adding that legal
reviews are underway in preparation for the signing.
He emphasised the importance of building on this positive momentum by enhancing institutional
and sectoral cooperation, organising business delegations and business councils, and holding the
next session of the joint economic committee later this year. These efforts will help open new
horizons for partnership and economic integration between the two sides.
“There is a focus on exploring new opportunities in the food and industrial sectors, given Belarus’s
advanced production infrastructure and skilled workforce, which enhances prospects for
integration in new economy sectors,” he added.

Regarding the International Exhibition Centre inaugurated today in Minsk with Emirati investments,
Al Zeyoudi stated that the centre's opening marks the first phase of the Northern Waterfront project.
“It represents the launch of an ambitious plan to build a smart economic city in Belarus, aiming to
attract investments in tourism, boost the economy, and modern technologies. The project reflects
the growing UAE presence in international markets,” he said.

https://www.msn.com/en-ae/news/other/uae-investments-in-belarus-exceed-4-billion-minister/ar-
AA1Eqgh0?ocid=BingNewsSerp