UAE, Netherlands to work jointly on renewables, space, AI, agri-tech and smart mobility

Two sides vow cooperation on sustainability, energy transition, advanced tech

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The UAE, represented by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and The Netherlands, led by Prime Minister Mark Rutte, both expressed the desire to catalyse investment flows and joint ventures in priority sectors such as renewable energy, space industry, artificial intelligence, entrepreneurship, agri-tech and smart mobility solutions. Officials also witnessed the signing of an agreement to cooperate on water management.

The UAE, represented by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and The Netherlands, led by Prime Minister Mark Rutte, both expressed the desire to catalyse investment flows and joint ventures in priority sectors such as renewable energy, space industry, artificial intelligence, entrepreneurship, agri-tech and smart mobility solutions. Officials also witnessed the signing of an agreement to cooperate on water management.

WAM

Abu Dhabi: Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Mark Rutte, Prime Minister of The Kingdom of the Netherlands, have agreed to deepen collaboration on industries of the future during a CEO roundtable in Dubai held under the theme “Energizing the Future”.

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.

Green hydrogen

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.

Ally

“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.

Trading nations

Prime Minister Mark Rutte agreed that both sides have many synergies on the issue of sustainability.

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, Turkiye and Cambodia, which represent almost a quarter of the world’s population.

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