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8/14/24, 2:47 PM UAE and Azerbaijan agree to develop economic partnership in the sectors of entrepreneurship, tourism, new economy, technology, …
UAE and Azerbaijan agree to develop
economic partnership in the sectors of
entrepreneurship, tourism, new
economy, technology, innovation and
agriculture
August 1, 2024 14
The ninth session of the UAE-Azerbaijan Joint Intergovernmental Commission (JIC) for
Economic, Trade and Technical Cooperation between the two countries was held in the
Azerbaijani city of Shusha, chaired by H.E. Abdulla bin Touq Al Marri, Minister of Economy; and
his Azerbaijani counterpart H.E. Mikayil Jabbarov. The session was attended by several senior
officials and government and private sector representatives from both sides.
During the meeting, the UAE and Azerbaijan agreed to develop their existing economic
partnership in the sectors of entrepreneurship, SMEs, new economy, tourism, aviation,
industry, innovation, technology, agriculture, food security, logistics, culture, energy, renewable
energy and investment.
H.E. Bin Touq stated that the UAE and Azerbaijan share strong strategic relations and economic
partnerships that have evolved over more than three decades. These relations are
characterized by the frequent exchange of high-level visits between the two countries. The
most recent of them was the visit of H.H. Sheikh Mohammed bin Zayed Al Nahyan, the
President of the UAE, to Azerbaijan last January, during which, MoUs were signed between the
two countries in areas of mutual interest.
H.E. said: “The latest JIC session is a key milestone in strengthening the economic ties
between the UAE and Azerbaijan. The meeting discussed several vital economic sectors that
have the potential to drive the sustainable development of both economies. We are keen to
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