Page 769 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/25/25, 3:30 PM UAE and Portugal explore ways to enhance cooperation in civil aviation, tourism, clean energy & advanced technology : GoDu…
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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