Page 233 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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investment, while our free-trade network can ensure the region’s industrial output can seamlessly
reach key markets in Asia and Africa. The UAE also remains an open, welcoming business
environment for any enterprises from North Rhine-Westphalia seeking to expand into the Middle
East and help develop our industrial and innovation ecosystem.Today’s meeting with HE Wüst and
the subsequent business roundtable will help create the networks that can facilitate this activity,
and we remain on hand to support bilateral trade and investment flows in the months and years
ahead.”
The United Arab Emirates and Germany, the third-largest economy in the world, shared non-oil
trade worth US$13.8 billion in 2024, a 5.4% increase on 2023. The UAE also has investments in
excess of US$1.2 billion committed to projects across Germany. The UAE recently announced its
intentions to open negotiations towards a Comprehensive Economic Partnership Agreement with
the European Union, of which Germany is the single largest economy.
https://www.wam.ae/en/article/b6u4xxp-uae-croatia-explore-opportunities-bolster
