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UAE minister emphasizes nation’s commitment to balanced approach in global economic cooperation

UAE minister emphasizes nation’s commitment to balanced approach in global economic cooperation


The recent session titled “Economies Amid Geostrategic Shifts,” part of the UAE’s Annual Meetings of the Global Future Councils and Cybersecurity 2025, encapsulated the UAE’s dedication to a balanced approach in global economic cooperation. With a robust demographic and geopolitical landscape, the UAE aims to navigate the complexities of the international arena while remaining a pivotal player in shaping economic futures.

The session, organized by the UAE Government in collaboration with the World Economic Forum, gathered influential personalities from various sectors to discuss how intensifying strategic competition among major powers is reshaping economic alliances and the global order. Notably, His Excellency Abdullah bin Touq Al Marri, UAE Minister of Economy and Tourism, emphasized the need to turn disruption into opportunity, advocating for a diversified and sustainable economic model.

### Economic Growth and Diversification

H.E. Al Marri reported encouraging economic indicators, noting that the UAE’s real GDP reached AED 455 billion in Q1 2025, with non-oil sectors contributing an impressive 77.3% to the output. This growth illustrates the UAE’s effective transition towards a knowledge-based economy. By strategically allocating resources and prioritizing innovation, the country positions itself as an attractive global economic hub amidst geopolitical uncertainties.

The “We the UAE 2031” vision outlines the nation’s commitment to expanding market access and enhancing regional cooperation through partnerships with economic blocs like the GCC, ASEAN, and AfCFTA. Such collaborations not only foster investment opportunities but also solidify the UAE’s strategic geographical advantage and world-class infrastructure.

### Strategic Partnerships for Regional and Global Growth

During the session, Liu Qian, CEO of Wusawa Advisory, emphasized China’s efforts to transform challenges into opportunities amid the shifting global landscape. With the rising tide of trade tensions, the need for diversification in international relations is paramount. China’s approach exemplifies how nations can adapt to evolving economic dynamics in a competitive world.

Juan Carlos Pinzón from Colombia reiterated the importance of strategic partnerships, highlighting his country’s abundant natural resources as an asset for international collaboration. He considers the UAE as a crucial player in fostering growth through mutual investments that respect the rule of law and work toward sustainable outcomes.

### Challenges to Global Economic Stability

One of the overarching themes discussed was the pressing challenges faced by the global economy. George Gray Molina from the UNDP highlighted issues such as financing difficulties, the impacts of global conflicts, and the imperative for sustainable development. He underscored the significance of integrated future visions and strategic planning, especially for developing nations, to enhance resilience against economic shocks.

Molina’s insights point to an urgent need for cooperation on a global scale to address complex issues such as customs tariffs and the repercussions of global power conflicts. The interaction between fiscal policies, international trade, and economic growth begs for a coordinated response to foster stability.

### Youth and Future Job Creation

An essential discussion point during the conference was the critical role of youth in shaping the future labor landscape. As nations strive for economic recovery and growth, focusing on job creation and equipping the young population with the necessary skills becomes pivotal. Initiatives aimed at fostering youth employment remain integral to sustainable development goals as underscored by the UNDP.

Investing in education and vocational training is essential to prepare the workforce for future job demands, especially in a rapidly changing technological environment. The UAE, recognizing this trend, is committed to enhancing its human capital through innovative educational frameworks and partnerships with global institutions.

### Conclusion

The session “Economies Amid Geostrategic Shifts” vividly illustrated the UAE’s proactive stance on balancing its national interests with international economic cooperation. The insights presented by key speakers highlight a clear path towards embracing change and harnessing opportunities amidst global uncertainties.

Through strategic partnerships and a focus on diversifying its economy, the UAE aspires not only to strengthen its own position but also to play a significant role in fostering a resilient global economic environment. The consistent push for sustainable growth, regional cooperation, and youth engagement reflects a comprehensive approach towards addressing contemporary economic challenges and setting the stage for future prosperity.

In a world characterized by fluctuations and realignments, the UAE demonstrates that a balanced approach to global economic cooperation is not merely an option but a necessity. The nation’s ongoing commitment to evolving into a knowledge-based and resilient economy sets a constructive example for other countries navigating similar challenges. As the UAE engages with global partners, its vision serves as a beacon for collective advancement and mutual prosperity in the face of disruption.

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