Page 388 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025

3/4/25, 2:57 PM Home | Emirates News Agency
The Conference also reflects the provisions of the “Doha Declaration 2024” issued by the third session of the Forum that
was held in Qatar, which encouraged the establishment of an Arab-Central Asia-Azerbaijan economic partnership.

The Ministers discussed methods to enhance economic and investment cooperation between the countries, reaffirming the
importance of economic integration and investment in relevant sectors.

The Ministers reaffirmed that the “Doha Declaration 2024” issued by the Arab Economic and Cooperation Forum with
Central Asian Countries and the Republic of Azerbaijan in laying strong foundations for a sustainable and fruitful Arab-
Central Asia-Azerbaijan economic partnership.

The Ministers emphasised the importance of the strategic relations between the countries and coordination in key
economic sectors such as energy security, renewable energy and green solutions, sustainable development, supply chain
resilience, transportation, communication, food security, water security, tourism, and digital transformation, in addition to

expanding investment in these areas, among others.
The Ministers underscored the historical and cultural ties between the countries and the importance of academic and
educational exchanges in further promoting mutual understanding and cooperation.

The Ministers highlighted the vast natural resources and investment opportunities in energy, mining, and petrochemical
industries across Arab countries, Central Asian states, and Azerbaijan.

The Ministers supported the ongoing efforts to enhance trade and economic cooperation and encourage investment
between their countries in order to achieve joint benefits.
The Ministers stressed the importance of developing connected transport routes, strong logistics and trade networks

between the two regions to facilitate the movement of goods and people and reiterated their support for infrastructure
projects within Central Asia and Azerbaijan, such as the Trans-Caspian International Transport Route (The Middle
Corridor).

The Ministers called for enhanced cooperation in green economy, digital economy, AI, fintech, and research and innovation
and encouraged joint investment in these strategic areas between the countries.
The Ministers stressed the importance of cooperation in environmental preservation, climate action, and the protection of

glaciers and water resources, and expressed their readiness to share expertise in water resource management and
sustainable solutions to combat water scarcity.

The Ministers outlined the significance of cooperation in healthcare, poverty reduction, and economic inclusion, including
empowering women and youth and enhancing the rights of people of determination and the elderly.
The Ministers commended the leading role played by participating countries in confronting climate change and supporting

international efforts in this regard, as demonstrated by the hosting of three consecutive Conferences of the Parties Egypt
(COP27), the UAE (COP28), and Azerbaijan (COP29)—and the Action Agenda initiatives aimed at aligning climate action
with sustainable development.

The Ministers reaffirmed their commitment to sustained dialogue and strategic policymaking to foster a long-term Arab-
Central Asia-Azerbaijan economic partnership that promotes regional development and enhances prosperity for their
peoples.

The Ministers praised the LAS, Central Asia and Azerbaijan format to enhance multilateral cooperation and highlighted the
importance of continuing collaboration between their countries in international forums and organizations to address global

economic challenges.

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