Page 225 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/27/24, 2:10 PM UAE and Albania convene inaugural Joint Economic Committee in Tirana
explore potential areas of collaboration to expand and strengthen business ties between the two
nations.

Bilateral trade relations on strong momentum Non-oil trade between the UAE and Albania reached
$80 million in 2023, a 117% increase over 2022. The upward trend continued in the first half of 2024,
with trade valued at US$66.4 million, a 64% year-on-year growth. This positions the UAE as Albania’s
leading GCC trading partner and a pivotal player in its broader Arab trade relations.

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