Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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Also read :Iraqi football fans in Dubai celebrate win over Oman
Also read :Iraqi PM's official visit to Kuwait

Also read :Iraq’s new prime minister visits Jordan on first foreign trip

Iraq and Saudi Arabia, as the leading crude producers within OPEC, are advocating for a unified stance to uphold stability in the oil market. This push for alignment was voiced by Iraq’s Prime Minister, Mohammed Shia Al Sudani, after his meeting with Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, in Baghdad.

Also read :Baghdad airport catches fire twice in three days

During their discussions, Al Sudani welcomed the participation of Saudi companies in the Iraqi market, recognizing the vast investment prospects available. He also highlighted the ongoing development of economic cooperation between the two nations, particularly in the investment and energy sectors.

Al Sudani emphasized the necessity of maintaining oil market stability under OPEC's framework, emphasizing its importance for both producers and consumers. This appeal comes following OPEC+'s decision in December to implement voluntary output cuts of around 2.2 million barrels per day for the first quarter of 2022, in addition to the earlier agreed-upon 3.66 million bpd reduction.

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