Today: 31 May 2025
27 September 2023
3 mins read

UAE, Netherlands Join Forces for Energy and Advanced Tech

During the meeting, the two sides reviewed bilateral cooperation in the investment, economic, educational, cultural, technology, and science fields….reports Asian Lite News

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Netherland Prime Minister Mark Rutte discussed the strength of bilateral relations and strategic cooperation between the two countries and opportunities to develop ties to serve mutual interests, in addition to various regional and international developments.

This came during His Highness’ reception of the Dutch Prime Minister at Qasr Al Shati in Abu Dhabi, where His Highness welcomed Rutte and expressed his hope that the visit would contribute to advancing UAE-Netherlands relations in key fields.

During the meeting, the two sides reviewed bilateral cooperation in the investment, economic, educational, cultural, technology, and science fields.

They also discussed renewable energy, sustainable development and climate action.

Later, Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and PM Rutte have agreed to deepen collaboration on industries of the future during a CEO roundtable in Dubai held under the theme “Energizing the Future”.

They both expressed the desire to catalyze investment flows and joint ventures in priority sectors such as renewable energy, space industry, artificial intelligence, entrepreneurship, agri-tech and smart mobility solutions, and concluded the meeting by witnesses the signing of an agreement to cooperate on water management.

Mark Rutte was leading a Dutch delegation to the United Arab Emirates to seek stronger trade and investment ties between the two nations, including the establishment of a sustainable economic corridor that can leverage the opportunities created by Net Zero and the drive for decarbonized value chains. This includes the potential for the transportation of green hydrogen between the two nations.

The UAE and The Netherlands have been expanding bilateral relations in recent years, with The Netherlands among the UAE’s top-five trading partners in the EU. In the first half of 2023, bilateral non-oil trade reached AED11.2 billion, representing a 20.4 percent increase on the same period in 2022.

Al Zeyoudi said that the roundtable, which also featured Gerard Paul Marie Hubert Steigs, Ambassador of The Kingdom of the Netherlands to the UAE, helped underline a commitment to working together to develop pioneering solutions to the world’s most pressing issues. “The Kingdom of the Netherlands is a long-standing ally in our journey to develop an agile economy that is built on knowledge and innovation. Our private sectors have already forged important joint-ventures in sectors such as agri-tech and energy transition, and we believe that there are many more high-value opportunities to explore on the path to Net Zero. We both share a vision of long-term, sustainable growth based on technology and talent, and believe our meeting today will spark a new wave of cooperation on multiple fronts.”

Prime Minister Mark Rutte agreed that both sides have many synergies on the issue of sustainability. “The United Arab Emirates and the Netherlands have a lot in common. We are both trading nations with a big global impact, so it’s only logical that our relationship has a strong focus on trade and investment. But we also both have major ambitions for green hydrogen and that’s why we are strengthening ties to create a green hydrogen corridor of the future.”

The minister also invited Dutch entities to take advantage of the many incentives offered within the UAE’s dynamic business ecosystem, which include full foreign ownership, flexible tax policies, and fast-track business setup and licensing. He also highlighted the nation’s global connectivity, which is supported by world-class infrastructure and a new generation of trade deals under the Comprehensive Economic Partnership Agreement program. UAE-based exporters now have seamless access to the markets of India, Israel, Indonesia, Türkiye and Cambodia, which represent almost a quarter of the world’s population.

ALSO READ: Iranian Speaker Lauds BRICS Parliamentary Forum

Previous Story

Iranian Speaker Lauds BRICS Parliamentary Forum

Next Story

Oman Sultan Welcomes Sharjah Ruler in Muscat

Latest from -Top News

World needs Dubai’s ambition: Morgan

Piers Morgan has hailed Dubai’s transformation as an example of what visionary leadership can achieve. British broadcaster Piers Morgan has praised the extraordinary ambition and vision of His Highness Sheikh Mohammed bin

Mohammed honours football champions

Ruler of Dubai hails players as role models during palace reception His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, received the

Abu Dhabi sets 2050 energy vision

Abu Dhabi unveils AED400 billion energy roadmap, inked climate finance pact ahead of 2026 UN Water Conference Abu Dhabi has unveiled a sweeping strategic framework to transform its energy and water sector

Gargash: UAE’s pragmatism sets regional example

Anwar Gargash says the UAE stands as a beacon of what is possible when pragmatism and vision come together. As political instability, economic fragmentation and rapid technological change continue to reshape the

US flag returns to Damascus

Billions in energy deals and lifted sanctions mark Syria’s reintegration, as US reopens embassy and declares the war-torn nation “open for business” under new regional partnerships. The United States has reopened its
Go toTop

Don't Miss

Expo 2020 to pioneer future of global tourism

By holding the forum at the Dubai Exhibition Centre, Dubai

Dubai Cares sets out COP28 vision

Dubai Cares will adopt the green logo until the end