Page 561 - MOET ENGLISH PR REPORT - JULY 2025

7/10/25, 3:52 PM UAE And Cuba Hold First Session Of Their Joint Economic Committee To Enhance Cooperation In Trade, Investment, Infrastructur…
two countries' business communities, and unlocking promising opportunities in
both markets, all supporting the UAE's strategic goals under the 'We the UAE
2031' vision.”

During the meeting, both sides agreed to establish a joint working framework to
oversee the implementation of committee outcomes that guide future cooperation

between the two nations in the coming period, propelling it towards further growth
and prosperity. They also committed to organising joint business forums and
economic events, facilitating trade delegation exchanges, and identifying new
avenues to expand bilateral commercial relation.

Promoting investment opportunities in both markets:

The UAE and Cuba reaffirmed their shared commitment to increasing trade flows
and investment exchanges between Emirati and Cuban business communities.
This also includes exploring opportunities in advanced economic sectors

biotechnology, healthcare services, renewable energy, tourism, agriculture, and
manufacturing. Both parties proposed hosting joint meetings, seminars, and
workshops involving investors, investment promotion agencies, and investment
firms to facilitate investment in priority sectors and leverage the incentives offered
by both countries.

Entrepreneurship and Start-ups:

Both nations emphasised the importance of advancing economic cooperation
through the development of partnerships in the entrepreneurship and start-up
ecosystem. This aims to accelerate the growth of small and medium-sized

enterprises (SMEs), increase their investments, support their international
expansion, and increase their contribution to national GDPs.

Food Security and Agriculture:

Food security and agricultural cooperation were identified as key priorities. The
two sides agreed to enhance trade in food commodities and agricultural products,
and collaborate on sustainable farming practices, food processing, and
agricultural technology in the coming period.

Tourism:
The UAE and Cuba underscored the potential of tourism as a pillar of bilateral
relations. They highlighted organising joint tourism exhibitions, events, and
conferences in the coming period to showcase the two countries' major tourist

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