Page 397 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
P. 397

3/4/25, 2:58 PM                                             Latest News


        “Abu Dhabi Communiqué” The First Edition of the

        Conference on Arab Business and Investment with the

        Countries of Central Asia and Azerbaijan Abu Dhabi,


        United Arab Emirates, February 26-27, 2025


        03/03/2025




        The Ministers of Economy, Trade, and Investment of Arab countries, Central Asian states, and Azerbaijan met on the
        margins of the first edition of the “Conference on Arab Business and Investment with the Countries of Central Asia and
        Azerbaijan,” which was held on February 26 and 27, at Investopia 2025 in Abu Dhabi, United Arab Emirates (UAE), under

        the theme “Towards Sustainable Cooperation and Partnership” and the patronage of His Highness Sheikh Mansour bin
        Zayed Al Nahyan, Vice President and Deputy Prime Minister of the UAE and Chairman of the Presidential Court.
        The Conference was organized by the UAE in collaboration with the General Secretariat of the League of Arab States
        (LAS) following the Memorandum of Cooperation signed between the LAS, the Central Asian countries and the Republic

        of Azerbaijan at the first session of the Arab Economic Cooperation Forum with the Central Asian countries and the
        Republic of Azerbaijan, which was held in the Kingdom of Saudi Arabia in 2014. 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 emphasized 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


      https://www.arabbnews.com/english/Latest-News.asp?id=18159                                                    1/2
   392   393   394   395   396   397   398   399   400   401   402