Ministers and officials: The Comprehensive Economic Partnership Agreement with Angola is a qualitative step towards consolidating the presence of the state in Africa

Abu Dhabi, August 26/ WAM/ Ministers and officials in the UAE government stressed that the comprehensive economic partnership agreement with the Republic of Angola is a qualitative step towards consolidating the state’s presence in the African continent and enhancing its role as a axis linking global economies, in order to support the state’s targets in economic diversification and increase its openness to emerging markets that have great potential for growth.
The agreement opens broad prospects for the governmental and private sectors in the two countries to develop major projects in vital sectors that include renewable energy, infrastructure, advanced industries, agricultural technologies, and financial services, as well as facilitating investment and inter -trade flows.

The partnership also establishes the UAE’s position as a global influential economic power, and the targets of the national investment strategy 2031 support, which contributes to achieving long -term growth, creating new opportunities for the private sector, and enhancing the competitiveness of the Emirati economy at the regional and international levels.

His Excellency Mohammed bin Hadi Al -Husseini, Minister of State for Financial Affairs, stressed that the comprehensive economic partnership agreement with the Republic of Angola represents a pivotal station in the path of the UAE’s openness to promising markets, and strengthening its network of commercial and investment partners with the countries of the world.

He added that the agreement provides an integrated framework to facilitate the flow of specific investments, enable the private sector to benefit from high -value opportunities, support economic diversification through innovative and sustainable growth areas, as well as establishing solid foundations for exchanging experiences and best practices in government purchases, developing capabilities, improving planning, contracting and management in a way that enhances efficiency, transparency and governance.

He explained that within the framework of the state’s strategic directions towards enhancing the flexibility of the economy and its ability to adapt to global transformations, this partnership contributes to the manufacture of sustainable growth opportunities that support the UAE’s position as a leading global economic and commercial center.

For his part, His Excellency Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Infrastructure, said that the agreement is a prominent strategic station in the march of expanding the prospects of investment cooperation between the UAE and the African continent, especially in the energy of energy, especially renewable, and the development of infrastructure.
He added that Angola provides extensive opportunities to implement major logistical projects, while this agreement will contribute to accelerating the pace of investments in vital sectors such as energy, transportation, and ports infrastructure.

He pointed out that by employing the experiences of the UAE and the capabilities of Angola, work will work to support the development goals in Angola, and to enhance the UAE’s position in the energy and global infrastructure markets, pointing out that the partnership exceeds the commercial dimension to include the advancement of the path of sustainable growth, and to create long -term investment opportunities that benefit the two countries.

For his part, His Excellency Dr. Sultan bin Ahmed Al -Jaber, Minister of Industry and Advanced Technology, stressed that the agreement between the UAE and the Republic of Angola is in line with the vision of good leadership in enhancing communication, cooperation and expanding global partnerships, and contributes to diversifying the economy and enhancing its growth, and increasing the commercial and investment partners of the state around the world, and represents an important step within efforts to deepen the ties of the two friendly countries in the fields of industry and technology.
He added that this partnership contributes to stimulating cooperation, investment and innovation, as it opens new paths for the industrial sector and provides new opportunities for the business community and the private sector in the country.
He pointed out that the economy of Angola is promising and grows, which makes it an important partner for the UAE, and enhances the access of Emirati industrial and technological exports to the Angolan and African markets.

For his part, His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of Foreign Trade, said that the comprehensive economic partnership agreement with Angola represents an important station in the march of the relations of the two friendly countries, in conjunction with the prosperity of commercial flows between the two sides, where the value of non -oil bilateral trade amounted The first, which represents an annual increase of 29.7 percent compared to the first half of 2024.

He explained that the agreement aims to remove unnecessary commercial barriers, enhance investment flows, provides opportunities in vital sectors such as agriculture, jewelry, and minerals, as it contributes to expanding the scope of our companies’ access to African markets, and to establish the UAE’s position a pivotal commercial center at the region and the world, linking Africa and Asia.

He expressed his confidence that this agreement will be due to multiple benefits to the economists of the two countries, and will contribute to achieving the development goals of the two friendly countries and peoples.

For his part, His Excellency Abdullah bin Touq Al -Marri, Minister of Economy and Tourism, stressed that the agreement is an important in the path of our strategy to enhance the position of the UAE as a global partner and an attractive and influential economic center.

He added that Angola’s fast -growing economy, whose gross domestic outputs exceeded $ 80 billion in the year 2024, secures excellent prospects along sectors such as precious metals, agricultural technology, and mining.

He pointed out that this agreement will contribute to advancing economic and investment relations between the two countries to more advanced and prosperous levels, and the ability of Emirati companies will enhance access to more prominent markets in the African continent.
He added that while we are working on achieving our national goal of reaching a GDP of 3 trillion dirhams by the year 2031, this agreement supports our vision to enhance the economic openness of the UAE to the vital markets regionally and globally, and to open the door for new opportunities for our private sector, and we look forward to a prosperous economic partnership with Angola in the advanced sectors, especially the new economy, including, including It enhances the growth and competitiveness of the economy of the two friendly countries.

His Excellency Mohamed Hassan Al -Suwaidi, Minister of Investment, stressed that the comprehensive economic partnership agreement with Angola is an important step to deepen our investment relations, and to push forward the vision of our two countries in order to achieve permanent strategic cooperation, while Angola’s economy is vitality and abundant natural resources, supporting young human cards, which opens prospects for cooperation in strategic sectors such as minerals, energy and services Logistics.

He explained that the aim of the agreement is to secure payment for investment flows and hold strong partnerships throughout the public and private sectors, while providing the appropriate conditions for the benefit of small and medium -sized companies in particular, noting that the agreement directly supports the UAE’s ambition to enhance its international partnerships, expand its investment presence globally, and accelerate the pace of diversification of its economy, expressing its aspiration to work side by side with partners The Angolan for the purpose of opening the door to providing new opportunities and promoting sustainable growth for both countries.

For its part, His Excellency Dr. Amna Bint Abdullah Al -Dahhak, Minister of Climate Change and Environment, said that the comprehensive economic partnership agreement with Angola is an important step in the path of our efforts aimed at achieving sustainable growth, payment of renewable energy, and support for food security, noting that this partnership enables us to explore innovative methods in the fields of agriculture and produce sustainable food, which is what is It supports our environmental targets, as the rich agricultural resources available in Angola create valuable opportunities for cooperation, especially in the fields of agricultural technology and fisheries.

She added that the goal through the agreement is to strengthen supply chains, encourage biological diversity, and to build flexibility and the ability to recover in the level of our food systems, noting to work together, to create valuable chains that provide long -term benefits for the benefit of producers and consumers in both countries.

For his part, His Excellency Sheikh Shakhbout bin Nahyan Al Nahyan, Minister of State, stressed that the signing of the comprehensive economic partnership agreement between the UAE and Angola represents an important step in the process of friendship between the two countries, noting that the agreement embodies the joint commitment between the two friendly countries to stimulate investment and sustainable prosperity.
He added that by deepening economic relations, we are working to provide promising opportunities for the business community in the two countries within the main sectors that include technology and energy and the development of infrastructure, pointing out that this partnership supports our joint efforts to enhance food security and energy, to pave new ways of cooperation, in order to demolish our relations, and to build a brighter future and interconnected for our countries and our people and for future generations.

For his part, His Excellency Ahmed bin Ali Al -Sayegh, Minister of State, stressed that international cooperation is necessary in our current world in order to confront common challenges, so that the UAE remains committed to building strong international partnerships that are able to push forward sustainable growth.

He added that the comprehensive economic partnership agreement with Angola embodies a clear -cut example of this matter, in terms of opening new channels for cooperation between the two countries, strengthening our economic ties, and providing prominent opportunities for our private business sectors, especially in areas such as machines, electrical equipment, renewable energy, and infrastructure. We support through the development of our partnerships, decisive vital goals, such as food security and energy flexibility, in conjunction with encouragement and urge to participate greater than the exporters and investors of our two countries, pointing out that the agreement paves the way for a more interconnected and prosperous future for both the UAE and Angola.

For his part, His Excellency Ahmed Abdullah bin Lahej Al -Falasi, Acting Director General of Customs and Ports Security of the Federal Authority for Identity, Customs, Customs and Ports Security said that the agreement represents a pivotal step forward in the path of our commercial relations, and it strengthens the position of the UAE as a major gate to African markets, and will remove commercial barriers, and will allow simplification of customs procedures, which will make the movement of goods between our two countries Easy and smooth.

He added that, due to the strengthening of these operations, it is expected to increase the efficiency of the supply chain and accelerate commercial flows, which will return with tangible benefits for both countries, committed to working closely with our Angolan counterparts in order to ensure the full capabilities of the comprehensive economic partnership agreement, in parallel to support our continuous efforts in the field of diversification of the economy, and strengthening the position of the United Arab Emirates as a center A pivotal pivotal commercial globally.

For his part, His Excellency Khaled Mohammed Al -Amma, Governor of the United Arab Emirates Bank, said that the comprehensive economic partnership agreement between the UAE and the Republic of Angola comes in the embodiment of the vision of the rational leadership in building a flexible and sustainable economy, and the UAE is keen to diversify its economy and enhance effective development partnerships, in addition to consolidating international cooperation to achieve common interests.
He explained that this partnership aims to open broad prospects for fruitful cooperation in vital economic sectors, most notably the financial and banking sector, where the agreement provides an opportunity to cooperate in the fields of supervision, supervision and border payment systems, and this in turn contributes to enhancing financial stability and providing an attractive environment for mutual investment in various sectors, as it establishes the basis for a long -term economic relationship, based on confidence and cooperation Mutual, which supports the wheel of economic growth, and the march of progress and prosperity for the two countries.

His Excellency Abdullah Mohammed Al -Basti, Secretary -General of the Executive Council of the Emirate of Dubai, stressed that the comprehensive economic partnership agreement between the UAE and the Republic of Angola constitutes an important strategic station in consolidating the state’s position as a global axis pioneering for trade, investment and economic innovation, noting that the agreement enhances the role of the UAE as a vital gate linking the African continent and global markets, and supports our national vision in economic diversification Building strategic investment partnerships, which achieves mutual benefits and sustainable growth for the two countries in vital sectors that include chemicals, tourism and specialized industries.
He added that at the same time, the agreement establishes the UAE and Dubai entrepreneurial status as a global platform for trade and re -export and an advanced logistical axis linking international markets, as it contributes to achieving the targets of the Dubai Economic Agenda “D33”, foremost of which is the arrival of the size of foreign direct investment to 650 billion dirhams by 2033, in addition to attracting qualitative investments and distinguished global competencies.

He stressed his confidence that this strategic partnership will open the way for the private sector and investors from both sides to explore promising opportunities that support the achievement of sustainable economic development and joint prosperity.

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