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11/27/24, 2:11 PM UAE, Albania convene inaugural Joint Economic Committee in Tirana – UAE Business and Travel Insights – TotalUAE.com
Assistant Undersecretary for International Trade Affairs at the Ministry of Economy; Blendi Gonxhja, Albanian
Minister of Economy, Culture and Innovation; and Albanian Deputy Ministers of Economy, Culture and
Innovation Sokol Duma and Enkelejd Musabelliu.

“The UAE and Albania enjoy a growing strategic partnership, driven by a shared commitment to fostering
economic growth and sustainable development,” said Al Zeyoudi. “The launch of the Joint Economic Committee
provides a vital platform to turn our shared vision into tangible results. By aligning our priorities in key sectors
such as renewable energy, logistics, agriculture, and advanced industries, we are building a foundation for deeper
collaboration that benefits both nations.”

He added, “The UAE, with its advanced infrastructure, global connectivity, and business-friendly policies, has
become a gateway to international markets. This presents a unique opportunity for Albanian businesses to
expand their reach, tap into new markets, and leverage the UAE’s competitive ecosystem. Equally, we recognize
the vast potential that Albania holds for UAE businesses. With its strategic location, dynamic economy, and
commitment to regional integration, Albania offers promising prospects for UAE companies to invest and
contribute to its development.”

From the Albanian side, Belinda Balluku said, “The convening of the first session of the UAE-Albania Joint
Economic Committee reflects our deepening bilateral relations and shared commitment to accelerating joint
economic growth.”

Discussions during the meeting centred on advancing joint projects in renewable energy, logistics, infrastructure,
and agriculture. The UAE’s Masdar and Albania’s KESH announced plans to collaborate on clean energy
projects, targeting up to 3 gigawatts of solar and wind capacity, with an initial 100-megawatt solar plant set to
launch soon.

In logistics, both sides committed to exploring opportunities to enhance connectivity, with a focus on strategic
transport projects, including the Durres-Pristina railway line, which will streamline trade routes across the
Western Balkans.

Efforts to bolster tourism were also a key focus, with plans to increase cross-border travel and investment in
hospitality infrastructure.

Upon conclusion of the JEC meeting, Al Zeyoudi and the UAE private sector delegation participated in a
networking session with Laura Saro, General Director of the Albanian Investment Development Agency

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