UAE foreign minister discusses bilateral cooperation with Indonesia
Now Reading
UAE foreign minister discusses bilateral cooperation with Indonesia

UAE foreign minister discusses bilateral cooperation with Indonesia

The UAE and Indonesia signed the comprehensive economic partnership agreement (CEPA) in July

Avatar
UAE foreign minister discusses bilateral cooperation with Indonesia

Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, met Retno Marsudi, Indonesia’s Minister for Foreign Affairs, on the sidelines of G20 meetings held in Bali, Indonesia.

According to State News Agency WAM, during the meeting, both sides discussed bilateral ties and ways of enhancing their cooperation. Sheikh Abdullah said the UAE, under the leadership of President Sheikh Mohamed bin Zayed Al Nahyan, is committed to international efforts to support the process of sustainable development.

The UAE and Indonesia signed the comprehensive economic partnership agreement (CEPA) earlier in July. The pact was signed in Al Shati Palace in Abu Dhabi, and is designed to increase annual bilateral trade to $10bn within five years by removing trade barriers on a wide range of goods and services.

Read: UAE, Indonesia sign comprehensive economic partnership agreement

Retno Marsudi welcomed Sheikh Abdullah and stressed Indonesia’s keenness to enhance its cooperation with the UAE in various fields, highlighting the UAE’s pioneering stature regionally and internationally.

The two sides then pointed out that the CEPA signed by the two countries is part of a joint vision to enhance their economic opportunities and achieve recovery from the COVID-19 pandemic.

The two countries continue to cooperate closely by working together on a wide range of strategic projects. The CEPA will accelerate more than $10bn of investment projects in priority sectors such as agriculture, energy and infrastructure, particularly logistics, while also encouraging cooperation in tourism, entrepreneurship and healthcare.

You might also like

© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top