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Mohamed Bin Zayed at a reception hosted by Xi Jinping at the Great Hall of the People. Image Credit: WAM

BEIJING: The UAE-China Economic Forum, which began today in Beijing, with the attendance of over 500 people representing the public and private sectors, witnessed the signing of 16 Memoranda of Understanding (MoU), related to various sectors between the UAE and China.

16 UAE-China agreements
1. Agreement on defence and military cooperation signed by Shaikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Wang Yi, State Councilor and Foreign Minister of China.

2. MoU on environment protection and conservation signed between the UAE’s Ministry of Climate Change and Environment, and China's Ministry of Ecology and Environment.

3. MoU on scientific and technological cooperation, with a focus on artificial intelligence technologies, between the UAE's Office for Artificial Intelligence and China's Ministry of Science and Technology.

4. The UAE Office for Future Food Security and China's Ministry of Agriculture and Rural Affairs in the Inner Mongolia Autonomous Region, will see cooperation on two projects to ensure food security advancement, and integrated farming systems. Shaikh Abdullah Bin Zayed signed on behalf of the UAE, while Han Changfu, Minister of Agriculture and Rural Affairs and Bu Xiaolin, Chairwoman of the Inner Mongolia Autonomous Region People's Government, were the signatories representing the Chinese side.

5. Sultan Bin Saeed Al Mansouri, Minister of Economy, and Zhong Shan, Minister of Commerce, signed an MoU to encourage UAE and Chinese enterprises to engage in trade and economic cooperation endeavours with the African continent.

6. The two countries signed an MoU on peaceful use of nuclear energy between the UAE Ministry of Energy and Industry and China's National Energy Administration, NEA.

7. Hussain Bin Ibrahim Al Hammadi, Minister of Education, and the Confucius Institute's Deputy Chief Executive Ma Jianfei signed an MoU to introduce the Chinese language in UAE education curricula.

8. The Department of Culture and Tourism - Abu Dhabi signed an agreement with the National Museum of China. The agreement was signed by Saif Mohammed Al Hajeri, Chairman of the Abu Dhabi Department of Economic Development, and Wang Chunfa, Director of the National Museum of China.

9. Abu Dhabi National Oil Company, ADNOC, signed a Strategic Framework Agreement with China National Offshore Oil Corporation, CNOOC. The agreement was signed by Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Yang Hua, Chairman of CNOOC.

10. A Mutual Recognition Agreement between the UAE Federal Customs Authority and General Administration of Customs of the People's Republic of China, GACC, was signed by Ahmed Ali Al Sayegh, Minister of State, and Ni Yuefeng, Minister in charge of the GAAC.

11. The Abu Dhabi Global Development Market, ADGM, and China's National Development and Reform Commission, NDRC, signed an MoU to encourage Chinese and UAE enterprises' trade and investment opportunities. The MoU was signed by Ahmed Ali Al Sayegh, Minister of State and Chairman of ADGM, and He Lifeng, Minister in charge of the NDRC.

12. ADGM also signed an MoU with China Everbright Group to explore and develop a joint platform that focuses on key areas including real industries and financial investments. Ahmed Ali Al Sayegh, and Xiaopeng Li, Chairman and Party Secretary at China Everbright Group, signed the agreement.

13. ADGM and the China National Nuclear Corporation, CNNC, signed a cooperation agreement to facilitate Belt and Road initiatives in the UAE and MENA region, and help grow CNNC's globalisation plans. Yu Jianfang, CNNC Chairman and Ahmed Ali Al Sayegh, signed the agreement.

14. An MoU between Abu Dhabi Ports, Jiangsu Provincial Overseas Cooperation and Investment Company, and the Industrial and Commercial Bank of China was signed.

15. Emirates Nuclear Energy Corporation, ENEC, signed an MoU with the China National Nuclear Corporation,

16. A Joint Research Cooperation Agreement between Khalifa University of Science and Technology and Tsinghua University was signed by representatives of the two universities.
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Sheikh Mohamed Bin Zayed Al Nahyan meets with Xi Jinping (not seen), at the Great Hall of the People. Image Credit: WAM

The forum, organised by the Ministry of Economy, in cooperation with the Presidency Affairs Court, various economic departments and the Economic Chambers Federation, is a key part of the programme of the visit of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to China.

Held under the slogan, 'Sustainable Partnership, Sustainable Investment,' the forum aims to reinforce the cooperation between representatives of participating companies and investors and the leaderships of the two countries, under the framework of their partnership dating back three decades that developed into a strategic partnership, which includes the 13 key pillars of commerce, investment, oil, clean energy, tourism, health, environment, space, construction and innovative industries.

With the attendance of over 240 leaders and business leaders from the UAE, the forum was inaugurated by Sultan bin Saeed Al Mansouri, Minister of Economy, and Mohammed Al Abbar, Chairman of the Emaar Group, who was the forum's guest of honour.

In his opening speech, Al Mansouri said, "I am delighted to speak at this leading economic forum, which is being held as part of His Highness Sheikh Mohamed's visit to China."

Zhong Shan, Chinese Minister of Commerce, also delivered a speech during the forum, which highlighted the distinguished relations between his country and the UAE, as well as future opportunities to improve them, adding that the agreements signed by both sides will reinforce their bilateral ties.

Mohammed Al Abbar, Chairman of the Emaar Group, said that the cooperation between the two countries are witnessing ongoing development, due to the support of their governments while describing China as a leading economic and social partner, and noting that the presence of officials and business leaders from both countries highlight the keenness of their public and private sectors to enhance their ties.

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His Highness Sheikh Mohamed Bin Zayed Al Nahyan and Chinese President Xi Jinping during a meeting at the Great Hall of the People Image Credit: AFP

The forum presented a film on the UAE, followed by a discussion session, titled, "Invest in the UAE," which was attended by officials representing the Economic Development Department-Abu Dhabi, the Sharjah Investment and Development Company, Shorouq, the Dubai Export Corporation, the Fujairah Free Zone Authority, the Ajman Chamber of Commerce and Industry, the Ras Al Khaimah Economic Zone Authority, and the Abu Dhabi International Market.