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4/29/24, 3:32 PM Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation - Eye of Dubai

Bin Touq, Estonian counterpart explore potential avenues for expanding

cooperation

Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and
Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key
sectors between the two countries, including the new economy, entrepreneurship, tourism, aviation, technology, artificial
intelligence, transportation, and small and medium enterprises (SMEs).

Bin Touq highlighted that the UAE and Estonia have established robust and advanced relations across various sectors thanks
to a shared aspiration to foster and advance economic cooperation with the unlimited support of both leaderships.

He said, “The economic ties between the two countries continue to expand across different activities and sectors. We are
committed to enhancing these relations and propelling them to new levels, offering more opportunities for partnerships at the
private sector level. This meeting marks a significant milestone in further strengthening our economic partnership, particularly

in new economic sectors that hold immense potential for creating a more prosperous and advanced future.”

Bin Touq emphasised the UAE's journey in transitioning to a more diversified new economic model, highlighting its efforts in
fostering sustainable and holistic economic development. The non-oil sectors now contribute 73 percent to the national

economy, a testament to the successful implementation of the country's economic strategies and policies, under the wise
leadership's directives. He also discussed several initiatives that bolster the nation's transition towards new economic sectors,
such as the Future 100, Investopia, and The Entrepreneurial Nation.

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