Page 313 - MOE ENGLISH PR - APRIL 2024

4/29/24, 3:32 PM PRESSR: H.E. Bin Touq and his Estonian counterpart explore potential avenues for expanding cooperation in new economic sect…
H.E. 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.

H.E. 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.”

H.E. emphasized 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 per cent to the national economy, a testament to

the successful implementation of the country's economic strategies

and policies, under the wise leadership's directives. H.E. also

discussed several initiatives that bolster the nation's transition

towards new economic sectors, such as the Future 100, Investopia,

and The Entrepreneurial Nation.

In this particular context, H.E. emphasized the opportunity for the

Estonian private sector to capitalize on the growth enablers offered

by the UAE’s business environment and its promising economic

prospects. H.E. also highlighted the country’s flexible and

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