UAE eyes boosted trade with Uzbekistan and Iran, UK + Egypt collaborate on export financing, EXIM + QDB partner on exports and imports

The UAE and New Zealand are in discussions to sign an economic partnership and trade agreement, Wam reports. The agreement would cover sectors including agriculture, tourism, technology, logistics, education, healthcare, and renewable energy. The two countries have already conducted “exploratory discussions” and public consultations, and are now “eager to get started,” Trade Minister Thani bin Ahmed Al Zeyoudi said.

The Emirates also wrapped a joint economic committee session with Uzbekistan focusing on expanding into new and sustainable economic sectors, Wam reported on Friday. The two countries inked agreements to explore joint investment opportunities for new data centers in Uzbekistan, offering cloud and AI solutions to both private and public entities, aiming to facilitate cooperation between the public and private sector of both countries.

And held an inaugural joint economic committee meeting with Iran in Abu Dhabi last week to strengthen cooperation in transportation and logistics, Wam reported.

IN OTHER DIPLO NEWS-

UK + Egypt to partner on export financing: General Authority for Investment and Freezones (GAFI) CEO Hossam Heiba has inked an agreement with Tim Reid, Chief Executive of UK Export Finance, the UK’s export credit agency, in a bid to boost bilateral investment and trade between Egypt and the UK, according to a Thursday statement. The agreement will see UK Export Finance providing funding for several projects, while working with GAFI to exchange information necessary to determine which projects are eligible for support in terms of their alignment with both countries’ development strategies, integration with British value-chains, as well as their standards on governance and sustainability, the statement said.

KSA’s Export-Import Bank has inked an MoU with Qatar Development Bank to boost collaborations on exports and imports and explore prospects for investment, SPA reported on Thursday.