UAE’s Lifeline to Lebanon: 18th Aid Plane Delivers Vital Medical Supplies Amidst Crisis

-
Image
  The United Arab Emirates has dispatched its 18th aid aircraft carrying 40 tonnes of essential medical supplies to Lebanon as part of the “UAE Stands with Lebanon” campaign. This ongoing initiative, launched in early October, aims to provide critical food, medical, and shelter supplies to the Lebanese population, who continue to face severe hardships due to ongoing conflict. In close collaboration with international organizations such as the World Health Organization (WHO), the United Nations High Commissioner for Refugees (UNHCR), and the International Federation of Red Cross and Red Crescent Societies (IFRC), UAE humanitarian organizations are playing a pivotal role in delivering life-saving aid to Lebanon’s vulnerable communities. The campaign is a direct response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with further guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President and Deputy Prime Minister, and under the l
Post a Comment

As a result of the new pact, Indonesia aims to double its trade with the UAE.

-

 

UAE

This year, bilateral trade between Indonesia and the UAE has been steadily increasing, with the goal of reaching $5 billion by 2022, a 20% increase over the previous year. However, with the implementation of IUAE-CEPA, both countries are prepared for even stronger economic collaboration.      

Husin Bagis, Indonesia's ambassador to the UAE, is upbeat about the future. He anticipates a stronger bilateral partnership, with a target of exceeding $10 billion in trade and investment within the next three years. The pact's massive reduction in tariffs, effectively eliminating roughly 99 percent of them, is intended to be a stimulus for expanded Indonesian exports. Bagis believes that as exports rise, so will foreign investment.  

UAE-CEPA also promotes the UAE as a vital gateway for Indonesia to access markets in the Middle East, Africa, and Europe. Ambassador Bagis emphasizes that the UAE's geographical location makes it an appealing hub for growing Indonesia's global reach. Indonesia aspires to tap into a bigger network of economic contacts across areas by exploiting this alliance.

Nonetheless, both countries face practical obstacles. To enable the smooth execution of the trade agreement, technical issues must be rectified quickly. A recent meeting between Indonesian Trade Minister Zulkifli Hasan and the UAE's Minister of State for Foreign Trade demonstrates the UAE's determination to overcome these obstacles. 

Proven  that  the Indonesia-UAE Comprehensive Economic Partnership Agreement is a key milestone in the two countries' economic relations. With trade restrictions removed and a shared commitment to mutual recognition, this alliance has considerable promise for both Indonesia and the UAE. As they work together to overcome technical hurdles, the future appears bright, with the possibility for trade and investment to reach new heights. Indonesia's ambitious goal of doubling trade in the next three years reflects the confidence and enthusiasm surrounding this historic deal.   

Comments

Post a Comment

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

-
The visit of H.H Sheik Khaled bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi to India is more than just a mere ceremonial occasion; this visit stands as a clear testimony of the longevity and dynamism of UAE-India relations. This association has become complex over time involving not just the economy but also major concerns such as sustainable development, trade, climate action etc. The dynamic relationship between the two nations has been redefined from their historical links into contemporary strategic alliances which makes this visit a natural follow-on from long-standing ties. Relationship between UAE and India are very historical in nature that started during the time when Sheikh Zayed bin Sultan Al Nahyan was the founder of UAE, whereby his coming to India in 1975 established strong cultural and diplomatic ties. This has been done through several high-profile exchanges including the signing of the Comprehensive Strategic Partnership Agreement in 2017 which made these
Read more

No Time for Climate Delay at COP28

-
Image
  This year's global climate summit begins in Dubai. Did you know that Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and President of COP28 , stressed the essential need for immediate climate action before to the summit? The shrinking time period and the global community's progress since the Paris Agreement's adoption in 2015 emphasize the urgency.  Let us first discuss the cop conference  and what I believe Cop28 will do.  First Cop summit  emphasizes that major strides have been made since COP21, guiding the earth away from the initially forecast 3°C global warming and toward around 2.5°C.  Second, according to the International Energy Agency's most recent projections, global carbon emissions will peak in this decade, intensifying the need for comprehensive climate policies. I believe in cOP28  It is fitting, then, that this year’s climate summit should happen in a place famous for sitting at the intersection of finance and innovative th
Read more

The UAE's Masdar Initiative boosts Kenya's geothermal sector to spur the green energy revolution.

-
Image
  During the Green Industrialisation Initiative in Dubai, President William Ruto announced a collaboration on geothermal energy development, marking a significant development for Kenya's energy sector. Kenya's Geothermal Development firm is partnering with Indonesia's Pertamina Geothermal Energy (PGE), with funding from Masdar, the UAE 's renewable energy firm.    Kenya's energy sector faces issues such as high generation costs and inefficiency, which limit access to electricity. The collaboration seeks to address these concerns by harnessing the knowledge and investments of international partners. Masdar has invested heavily in PGE and sees Kenya as a significant player in Africa's renewables market. Abdulla Zayed, Masdar's Director of Investment Development, emphasized the significance of partnership in realizing Kenya's energy potential. The company's approach targets transformative initiatives that are consistent with national energy transition o
Read more