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UAE pursuing a multifaceted approach to expand global economic partnership

The UAE's Ambitious Economic Objectives The UAE is committed to expanding its global economic partnerships through a multifaceted approach, which includes traditional trade and investment relations as well as strategic collaborations in technology and clean energy. The Gulf state aims to strengthen its position as a global trade and logistics hub, with comprehensive economic partnership agreements (CEPAs) playing a key role in achieving this goal. These efforts are part of the nation's Projects of the 50, a series of bold initiatives. UAE's Robust Global Economic Cooperation 1. UAE-Azerbaijan Economic Partnership The UAE is among the top five investors in Azerbaijan's non-oil sector from 1995 to 2015. Currently, 343 UAE companies operate in Azerbaijan across various sectors such as industry, construction, trade, agriculture, communication, transport, and services. Both countries are collaborating on government efficiency and best practices. The UAE has invested at least...