UAE, Indonesia Leaders Discuss Strategic Relations, Comprehensive Economic Partnership

7/17/2024 3:05:25 PM

(MENAFN- Kuwait News Agency (KUNA)) ABU DHABI, July 17 (KUNA) -- UAE President sheikh Mohammad bin Zayed Al-Nahyan and President of Indonesia Joko Widodo discussed Wednesday strategic relations within the framework of the two countries' Comprehensive Economic Partnership.
The state-run news agency (WAM) reported that Sheikh Mohammad and President Widodo, who is on a two-day state visit to the UAE, reaffirmed their shared commitment to advancing these relations to help achieve their sustainable development ambitions.
The two leaders reviewed various aspects of cooperation between the UAE and Indonesia, especially in the fields of the economy, investment, renewable energy, food security, infrastructure, education, health, climate action, and the environment, which are considered priorities for sustainable development in both countries.
Sheikh Mohammad expressed his appreciation for the significant role President Widodo has played in developing bilateral relations and fostering cooperation, and acknowledged his own personal commitment to further advancing these relations.
He noted that the signing of the Comprehensive Economic Partnership Agreement in 2022 marked a major milestone, contributing to the economic cooperation between the UAE and Indonesia and fostering mutual development.
He highlighted that when President Widodo took office in 2014, the volume of non-oil trade between the two countries stood at USD 2.7 billion; in 2023 this trade volume reached USD 4.4 billion. Additionally, agreements related to projects worth over USD 21 billion were concluded in Indonesia in 2023, and both countries are looking forward to further strategic investments.
The President of Indonesia expressed his pride in the constructive cooperation between himself and the UAE President over the past decade, adding that he is forward to continuing to strengthen ties between the UAE and Indonesia in the coming years.
President Widodo welcomed the agreements announced today by both nations in various vital sectors, emphasizing their role in reinforcing the relationship between the two countries.
Furthermore, Sheikh Mohammad bin Zayed and President Joko Widodo witnessed the announcement of several Memoranda of Understanding (MoUs) and agreements aimed at further developing cooperation between the UAE and Indonesia. (end)
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