U.S.-UAE Economic Policy Dialogue

The United States and the United Arab Emirates held their tenth Economic Policy Dialogue on 1st November 2023.

The Dialogue was co-chaired by U.S. Under-Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez, and UAE Assistant Minister for Economic and Trade Affairs at the Ministry of Foreign Affairs Saeed Al Hajeri.

Throughout the Dialogue, both sides highlighted the importance of climate change and its relevance to other shared goals and concerns, noting the upcoming 28th Conference of Parties to the United Nations Framework Convention on Climate Change (COP28) in the UAE.

The two delegations confirmed the strategic vision underpinning the close and constructive economic relations between the United States and the UAE. They also recognised the important role of the Economic Policy Dialogue in maintaining strong cooperation and constructive discussions to further advance economic relations and partnerships.

The delegations continued critical discussions on investment, health security, aerospace, women’s economic empowerment, food and energy security, digital economy, energy security, as well as joint efforts to promote an effective, inclusive and balanced energy transition globally. Discussions also covered cooperation between the two countries in multilateral fora.

Reflecting ongoing efforts to overcome trade barriers and advance economic relations, Assistant Minister Al Hajeri noted the UAE will host the Thirteenth Ministerial Conference of the World Trade Organization in February 2024, further underscoring the UAE’s emerging leadership on the global stage.