Page 403 - MOE ENGLISH PR REPORT - DECEMBER 2024

1/3/25, 6:08 PM UAE And Croatia Explore Opportunities For Economic And Trade Relations - OneArabia

Ante Šušnjar praised the UAE’s active role in strengthening bilateral relations. He remarked, "The UAE-Croatia partnership serves as a successful example of how strong
economic cooperation can drive mutual growth and generate lasting benefits for both nations." This sentiment underscores the depth of opportunities this partnership
offers both economies.

Future Prospects

In early 2024, bilateral trade continued its upward trend with a 44.8% increase compared to the same period in 2023, reaching US$78.9 million. This growth was driven by
an 84.2% surge in imports to US$50.1 million and an 83.4% rise in re-exports to US$8.4 million. These figures reflect a robust expansion in trade activities between the
two nations.

Al Zeyoudi further noted that non-oil trade growth with Croatia highlights their vibrant economic relationship and opens doors for broader investment opportunities. He said
sectors like manufacturing, renewable energy, and logistics offer immense potential for collaboration towards shared economic progress.

This visit aligns with the UAE's vision to establish itself as a global leader in trade and investment while fostering partnerships with European countries for sustainable
development and shared economic objectives.

The discussions underscored both countries' commitment to enhancing their economic relationship through strategic partnerships across various sectors, aiming for
mutual benefits and sustainable growth.

https://www.onearabia.me/local/uae-croatia-explore-opportunities-bilateral-economic-trade-relations-011-90179.html 2/2