The President of the United Arab Emirates, Mohamed bin Zayed, begins his term in office with a momentous address to the nation in a speech broadcast on major radio and television networks.
Ensuring energy security and pledging stability and peace in the Middle East were the main themes of Mohamed bin Zayed's first address to the nation since he took office in May after succeeding his late half-brother Khalifa bin Zayed.
He said that the people of the UAE, and striving to empower them, has always been and continues to be the nation’s top priority. "Ensuring our people have everything they need to live fulfilled, comfortable, and happy lives, remains the basis of all our future plans," His Highness said, while addressing the nation.
He also highlighted that the UAE is fortunate to have a nation of people, who, before and after the union, and even through difficult times, have proven their spirit and determination to overcome the toughest challenges. "Our pride in our people is infinite. Equally, we deeply appreciate the valued role of our residents who consider this country their second home, and their continued contributions in building and developing the UAE since its union," he said.
"We will continue to consolidate the UAE's position as a reliable energy supplier and in support of global energy security, which is the backbone of enabling economic growth and global development," the president said.
Bin Zayed also noted that the UAE has "a developed, integrated and sustainable economic system", and had become a source of inspiration and hope for other countries in the Gulf and around the world. "The UAE's economy is one of the most powerful, and it continues to grow," he said.
These declarations come at a critical time for energy supplies for all countries, and especially for Europe. The West's dependence on Russian gas, critical after the invasion of Ukraine, makes the United Arab Emirates a possible energy supplier. The Gulf country is one of OPEC's main exporters and has more than 6% of proven oil reserves.
The speech also coincides with US President Joe Biden's first visit to the Middle East, where he will meet in the Saudi city of Jeddah with the heads of state of Egypt, Jordan, Iraq and the leaders of the Gulf Cooperation Council (GCC), including the UAE. The meeting will address many issues, including the possibility of Gulf oil producers increasing production to help reduce oil prices.
No comments:
Post a Comment