Page 78 - MOET ENGLISH PR REPORT - JULY 2025

يفحص ربخ

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 attractions and historical landmarks. The cooperation

will also involve sharing expertise on tourism development, compilation of tourism statistics, and

digital innovations and technologies to enhance sector competitiveness.

UAE-Cuba Trade and Investment Exchanges
Non-oil trade between the UAE and Cuba continues to gain momentum, surpassing USD 39.1

million in 2024, indicating an increase of over 2 per cent from 2023 and 46.4 per cent growth
compared to 2022. In Q1 2025 alone, bilateral non-oil trade grew by 5.6 per cent compared to Q1

2024 and over 25 per cent from Q4 2024. Currently, more than 825 Cuban brands are actively

operating within UAE markets.

3