Page 173 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/18/25, 11:28 AM UAE, Ireland Sign MoU To Enhance Economic, Technical Cooperation, Establishment Of Joint Economic Commission - UrduPoint
The MoU aims to strengthen bilateral trade relations and establish a Joint

Economic Committee to facilitate ongoing dialogue and collaboration. It will

explore collaboration in various sectors, including trade and investment, energy
efficiency, renewable energy, infrastructure development, the digital and green

economy, supply chain resilience, food security, healthcare technology, and other

areas of shared interest. The key points of the MoU include developing and

diversifying economic and technical cooperation founded on shared values of
equality and mutual benefit.

The Joint Economic Committee will promote business delegation visits, facilitate

the exchange of information on economic developments and programs, and strive

to create a favorable two-way investment climate. Additionally, the MoU encourage
both parties to engage and foster collaboration at international exhibitions,

conferences, and seminars, and addressing any obstacles hindering bilateral

economic cooperation.

Dr. Thani Al Zeyoudi remarked, “The relationship between the UAE and Ireland is
one of mutual respect and shared ambition. With a foundation built on trade and

cooperation, we are well-positioned to explore new avenues for investment and

collaboration. The signing of this MoU is a testament to our commitment to

enhancing bilateral relations and unlocking the significant potential that exists

between our two countries.”

Niamh Smyth highlighted the warm reception received from Dr. Thani Al Zeyoudi

and his team as a reflection of the friendship that has grown between Ireland and

the UAE, adding the significance of signing the agreement as the two nations mark

50 years of diplomatic relations.

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