Page 244 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

P. 244

4/28/25, 3:09 PM HE Dr Thani Al Zeyoudi meets PM of Germany’s North-Rhine Westphalia region to discuss collaboration in high-growth sectors - Mi…
value chain and the developmentof hydrogen as a form of renewable energy.

HE Dr Thani said the meeting with HE Wüst highlighted these complementarities and offered a
roadmap for greater collaboration in key sectors going forward. “The United Arab Emirates has
long enjoyed a positive and productive relationship with Germany, and North Rhine-Westphalia,

with its industrial heritage and forward-looking vision, has been central to it. From the digital
economy to energy transition and the green economy, we see a multitude of avenues for

cooperation and 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,

welcomingbusiness 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.