UAE and Rwanda hold the first session of the Joint Economic Committee to complement bilateral cooperation

Wed 06/3/2024
UAE and Rwanda hold the first session of the Joint Economic Committee to complement bilateral cooperation

The first session of the Joint Economic Committee was convened to strengthen prospects of cooperation and partnership across several sectors of common interest, including industry, energy, education, space technology, environment, human resources, culture, youth development, and supporting collaborative efforts to elevate trade ties to new heights.

The meetings were co-chaired by Her Excellency Noura Al Kaabi, Minister of State, on behalf of the UAE, and by His Excellency Vincent Biruta, Minister of Foreign Affairs and International Cooperation of Rwanda. 

During the meetings, the two sides discussed new mechanisms to enhance coordination within economic areas, trade, and investment, in addition to strengthening cooperation and developing investment opportunities as part of the Double Taxation Agreements, and the Promotion and Protection of Investments Agreement.

Both sides highlighted their commitment to fortifying collaboration and enhancing investments in the space technology sector. Furthermore, they affirmed their keenness to developing opportunities in the trade of food products, environment and energy fields, economic empowerment of youth, and investing in expertise to reinforce technical and creative industries. In this regard, the two sides signed the MOU for cooperation in the field of education.

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