Page 385 - MOE ENGLISH PR - MAY 2024

5/28/24, 1:05 PM H.E. Bin Touq meets with the Mayor of New York City to explore strengthening of cooperation in new & sustainable economic sectors
interest, particularly the new economy, fintech, clean energy, green economy,
entrepreneurship, tourism, transportation, and circular economy.

H.E. said that the UAE and the USA enjoy robust and advanced strategic ties across

various domains, particularly in the economic and investment sectors. He attributed this to
the directives and vision of both leaderships and highlighted the two countries’ shared

aspirations to embrace innovative and adaptable economic models.

During the meeting, H.E. Bin Touq emphasized that both countries possess significant
economic resources and potential, as well as a strategic geographical location that

facilitates access to numerous strategic markets at the regional and global levels. The

economic relations between the UAE and the state of New York are also continuously
evolving, and there is a strong commitment to further exploring cooperation in new and

key economic sectors to foster sustainable partnerships that support the shared interests
and goals of both parties. H.E. underscored that the meeting marks a significant milestone

in strengthening joint efforts to explore emerging opportunities and expand the scope of
existing cooperation.

The meeting explored the potential for enhancing economic relations and fostering better
communication between the UAE and American private sector. These efforts will create

new avenues for growth, particularly considering the promising and diverse opportunities
and enablers available in the markets of both countries. Furthermore, they highlighted the

significance of enhancing cooperation in economic affairs that facilitate the transition

towards a digital economy and combat financial crimes, in line with the economic policies
of both nations.

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