UAE Crown Prince H.H. Sheikh Khaled Attends Supreme Eurasian Economic Council Meeting In Belarus
Representing President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, attended the Supreme Eurasian Economic Council meeting in Minsk, Belarus. The gathering at the Palace of Independence included leaders from the Eurasian Economic Union (EAEU), chaired by Belarusian President Alexander Lukashenko. The UAE participated as a guest of honour alongside leaders from Uzbekistan, Cuba, Azerbaijan, Turkmenistan, Mongolia, Zimbabwe and Myanmar.
During the event, H.H. Sheikh Khaled delivered a message from President Sheikh Mohamed bin Zayed Al Nahyan to the attending heads of state and government. He extended greetings and best wishes for the summit's success and prosperity for EAEU member states. Additionally, he expressed gratitude to President Lukashenko for the warm reception and invitation to participate in the council meeting.
The meeting saw H.H. Sheikh Khaled and EAEU leaders witness the exchange of an Economic Partnership Agreement (EPA). This agreement aims to remove trade barriers and create opportunities in sectors like renewable energy, logistics, and construction services. H.H. Sheikh Khaled noted that this agreement is a significant milestone in UAE-EAEU relations, boosting trade volumes and economic cooperation.
H.H. Sheikh Khaled stressed that through the EPA, the UAE seeks to strengthen ties between business communities, investors, and entrepreneurs across both regions. This initiative lays a foundation for robust economic collaboration while reflecting the depth of friendship between the UAE and EAEU nations.
The EPA is expected to enhance private-sector collaboration, fortify supply chains, and empower entrepreneurs and SMEs to expand globally. Building on years of economic cooperation, bilateral non-oil trade between the UAE and EAEU countries grew by 27% in 2024 to reach US$29 billion. Trade between these partners has quadrupled since 2021.
The agreement was signed by Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade; Mher Grigoryan from Armenia; Natalia Petkevitch from Belarus; Serik Zhumangarin from Kazakhstan; Daniyar Amangeldiev from Kyrgyzstan; Alexey Overchuk from Russia; and Bakytzhan Sagintayev from the Eurasian Economic Commission Board.
Commitment to Cooperation
H.H. Sheikh Khaled reaffirmed the UAE's commitment to strengthening relations with EAEU member states. He emphasised advancing towards new horizons of shared growth and economic partnership. Closer cooperation is crucial for generating greater trade and investment opportunities for both sides.
The Supreme Eurasian Economic Council meeting was attended by Vladimir Putin of Russia; Alexander Lukashenko of Belarus; Kassym-Jomart Tokayev of Kazakhstan; Sadyr Japarov of Kyrgyzstan; Miguel Mario Díaz-Canel Bermúdez of Cuba; Shavkat Miromonovich Mirziyoyev of Uzbekistan; Min Aung Hlaing of Myanmar; Laureano Ortega Murillo from Nicaragua; Nyam-Osoryn Uchral from Mongolia.
With inputs from WAM
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