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11/27/24, 2:11 PM UAE, Albania convene inaugural Joint Economic Committee in Tirana – Creative mind
UAE, Albania convene inaugural Joint
Economic Committee in Tirana
EDITOR November 22, 2024 3 minute read
TIRANA,
(WAM) — The UAE and Albania have strengthened their economic partnership with the launch of their
inaugural Joint Economic Committee (JEC).
The meeting, held in Tirana, marks a new chapter in bilateral trade and investment relations between the two
countries, focusing on priority sectors including renewable energy, logistics, infrastructure, agriculture, food
security, and technology.
The meeting was co-chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and
Belinda Balluku, Albania’s Deputy Prime Minister and Minister of Infrastructure and Energy, with the
participation of senior officials and private sector representatives from both countries including Juma Al Kait,
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.”
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