Page 355 - MOE ENGLISH PR REPORT - AUGUST 2024

UAE, Lithuania hold inaugural Joint Economic

Committee to promote cooperation in key

sectors

The UAE and Lithuania emphasised that the research, development, and innovation sector is
key to enhancing economic development

On the sidelines of the JEC, Al Marri witnessed the signing of a memorandum of understanding
(MoU) between the Federation of UAE Chambers and the Lithuanian Industrialists Union

H.E. Abdulla bin Touq Al Marri, Minister of Economy, and Lithuania’s Minister of Economy and
Innovation, H.E. Aušrinė Armonaitė, recently chaired the inaugural UAE-Lithuania Joint
Economic Committee (JEC) held in the Lithuanian capital, Vilnius, with the participation of
several government officials from both sides.

During the meeting, both countries agreed to strengthen economic cooperation in key sectors,
including the new economy, tourism, aviation, entrepreneurship, SMEs, transport, agriculture,
circular economy, innovation, food security, and space.

https://economymiddleeast.com/news/uae-lithuania-hold-inaugural-joint-economic-committee-
to-promote-cooperation-in-key-sectors/