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UAE-Austria Ministerial Convention Spotlights Renewable Power Cooperation

UAE-Austria Ministerial Convention Spotlights Renewable Power Cooperation


A file picture of UAE-Austria Ministerial Meeting Spotlights Renewable Power Cooperation

The Minister of Trade and Extremely developed Applied sciences, HE Dr. Sultan bin Ahmed Al Jaber, engaged in constructive discussions with Austrian counterparts by a sizeable meeting in Vienna. The assembly, attended by HE Karl Nehammer, Chancellor of the Republic of Austria, and different significant-rating officers, aimed to strengthen collaboration in a number of sectors, along with renewable electrical energy and state-of-the-art technological know-how.

Dr. Al Jaber conveyed the UAE management’s eagerness to enhance cooperation with Austria, emphasizing the longstanding and robust bilateral relations spanning in extra of 5 a few years. He highlighted the Complete Strategic Partnership introduced in 2021 as a sizeable milestone and pressured the relevance of accelerating current ties by means of new collaborations that yield sustainable monetary beneficial properties for equally nations.

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The meeting additionally acknowledged Austria’s energetic participation in COP28, wherever it pledged higher contributions to the Inexperienced Local weather Fund and introduced formidable initiatives to reinforce renewable electrical energy creation and improve vitality effectivity by 2030.

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All by the cease by, Dr. Al Jaber chaired the primary ministerial convention of the UAE-Austria In depth Strategic Partnership, which mentioned quite a few options of bilateral relations, along with political, financial, and technological cooperation. The convention underscored the significance of strengthening diplomatic makes an attempt, fostering monetary partnerships, and promoting joint investments, particularly in precedence sectors these sorts of as vitality and climate movement.

Each equally sides applauded the outcomes of the UAE-Austria Joint Financial Committee assembly held in Dubai in December 2023 and celebrated the signing of agreements to promote cooperation in numerous fields, which embrace synthetic intelligence.

The pay a go to to additionally marked the golden jubilee of diplomatic relations between the 2 international locations, with conversations concentrating on maximizing joint endeavours to acquire shared aspirations for progress and prosperity.

Moreover, the partnership involving Abu Dhabi Countrywide Oil Company (ADNOC) and OMV was celebrated, highlighting roughly 3 many years of efficient cooperation within the vitality and chemical substances sectors. This partnership has contributed considerably to enhancing vitality safety and exploring prospects in clear and renewable vitality, which embrace hydrogen.

The UAE’s appreciable investments in Austria and the enlargement of bilateral commerce had been additionally emphasised, underscoring the international locations’ sturdy financial ties and mutual willpower to additional boosting their strategic partnership.



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