Trade between Guyana, UAE rises significantly
President of Guyana, Dr. Irfaan Ali, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates
President of Guyana, Dr. Irfaan Ali, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates

–nations agree to extend cooperation in areas of food security, energy, technology, capacity-building, cultural and social exchanges
THE United Arab Emirates (UAE) and the Co-Operative Republic of Guyana have both agreed to extend cooperation in key areas of development, including food security, energy, technology, capacity-building, as well as cultural and social exchanges.

This followed the meeting of President, Dr. Irfaan Ali and President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, at the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP28), which is currently being held at Expo City, Dubai.

During a tour of Guyana’s pavilion, the UAE President commended the endeavours of the Co-Operative Republic of Guyana in achieving sustainable development and implementing a green strategy.
He stressed that COP28’s UAE presidency aims to lead global endeavours in the field of climate action to protect the planet and future generations, highlighting that the UAE maintains a steadfast commitment to sustainability when addressing global climate action.

The two sides also agreed to fortify their bilateral partnership across a wide range of areas concerning socio-economic and cultural development.
The two sides commended the bilateral ties that have been ongoing since 1995, reiterating the importance of promoting diplomatic relations through the joint commitment to open embassies in each of the respective countries.

The two sides praised the prosperous economic and investment relations between the countries, where non-oil bilateral trade reached US$826 million in 2022, a 20 per cent increase compared to 2021, which reflects common efforts in reinforcing investments and economic relations in recent years.

The two sides have also agreed to open a UAE embassy headquarters in the Co-operative Republic of Guyana in the near future, embodying the countries’ respective ambition to reinforce their bilateral relations which will serve their mutual interests and development goals.

The two sides also agreed that high-level visits represent substantial opportunities to strengthen and enhance diplomatic relations, referring to the visit by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, to Guyana on September 30, 2023, and the visit of Her Excellency Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, to Guyana on June 11, 2023. Furthermore, a contribution of US$500,000 to build a school for children of determination was announced.

For his part, President Ali expressed his appreciation for the warm welcome by His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President.
The two sides agreed to support ways to enhance bilateral cooperation to accomplish further prosperity and well-being in both countries.

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