Page 80 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

Press Release

the Joint Economic Committee, with a focus on enhancing public-private sector synergy. Both
sides stressed the importance of trade delegation exchanges, joint investment forums, and
intensified cooperation in innovation and the digital economy—key drivers of sustainable
development and economic diversification.

The discussions also highlighted the need for closer integration between the two nations’ business
ecosystems, particularly in emerging economic sectors, to capitalize on their respective strengths.
The UAE and the Czech Republic, as regional leaders in investment and innovation, are well-
positioned to serve as gateways for economic opportunities in the Arab world and Central Europe.

Discussion on areas of sustainable regional development between the two countries

During his meeting with H.E. Petr Kolář, H.E. Bin Touq emphasized the significance of bolstering
cooperation in sustainable regional development, including knowledge-sharing in smart city
management and digital infrastructure. Such collaboration, he noted, would amplify the efficiency
of development initiatives while unlocking new investment prospects in high-potential regions of
both countries.

Concluding the meetings, H.E. Bin Touq reaffirmed the UAE leadership’s dedication to cultivating
impactful economic alliances with global partners. He described the Czech Republic as a pivotal
European ally, given its advanced industrial and technological expertise, which presents vast
opportunities for synergy in priority sectors.

The UAE and the Czech Republic held the inaugural session of the Joint Economic Committee last
year (June 2024), where they agreed to enhance economic cooperation in several sectors and
economic activities, most notably in the new economy, tourism, entrepreneurship, transport,
financial services, agriculture, environment, food security, logistics, energy, renewable energy,
industry, advanced technology, and innovation.

–Ends –

For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com

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