Page 763 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

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2/25/25, 3:30 PM UAE and Portugal explore ways to enhance cooperation in civil aviation, tourism, clean energy & advanced technology
international stakeholders to support and advance this vital economic sector. This aligns with the UAE’s vision to
transition to a more resilient and sustainable economic model while also reinforcing global efforts to achieve net
zero emissions from aviation by 2050.

H.E. Bin Touq said: “The UAE remains committed to expanding its international partnerships across diverse
economic sectors and strengthening cooperation with promising markets such as Portugal. Both countries have
significant potential to develop high-value investment projects, particularly in new economy sectors, while also
advancing global efforts to enhance the safety, security, and sustainability of civil aviation. This is especially vital
as the international aviation industry works toward forging a unified global approach to alternative low-carbon
fuels and accelerating their production in the years ahead.”

H.E. added: “The UAE is steadfast in its pursuit of a dynamic, future-ready investment landscape that reinforces
the attractiveness of its national economy. We remain committed to strengthening strategic partnerships with
countries around the world, in line with the objectives of the ‘We the UAE 2031’ vision, which aims to double the

country’s GDP and bolster its economic competitiveness on the global stage.”

The meeting emphasized the importance of prioritizing future collaboration and knowledge exchange across key
economic sectors of shared interest, including the integration of AI technologies into civil aviation, tourism, and
hospitality. It also explored opportunities to expand investments in renewable energy, circular and green
economies, and knowledge sharing in innovation and fintech, while fostering deeper private sector partnerships.
Additionally, it underscored the need to enhance tourism cooperation, increase investments in the hospitality
sector, and accelerate the development of smart and modern agriculture projects, as well as sustainability and
circular economy sectors.

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