Abu Dhabi, UAE – The UAE intensified its financial and international efforts through a series of high-level bilateral meetings held by Minister of State for Financial Affairs, Mohammed bin Hadi Al-Husseini,
on the sidelines of his participation in the annual meetings of the World Bank Group and the International Monetary Fund in Washington,
D.C. These meetings aimed to strengthen economic partnerships and support the stability of the global financial system.
The meetings included officials from several major countries,
including the United States, France, the United Kingdom, Canada, Argentina, Switzerland, and Norway.
Discussions focused on prospects for financial cooperation and addressed tax and economic issues of mutual interest.
Strengthening strategic partnerships
Al-Husseini discussed with the US Treasury Secretary ways to develop strategic cooperation
between the two countries, praising the United States’ role in leading the G20’s financial track.
He also emphasized the importance of international coordination to address current economic challenges.
He further affirmed that the UAE participation as a guest country reflects its growing stature in the global economy.
In his meetings
with the finance ministers of France, Britain, and Canada, he stressed the importance of exchanging expertise
and strengthening bilateral partnerships to support financial sustainability and create new economic opportunities.
Economic cooperation drives
Discussions with the Argentinian side focused on ways to expand economic cooperation,
particularly in light of bilateral agreements on investment protection and the avoidance of double taxation.
These agreements contribute to a stable investment environment and enhance capital flows between the two countries.
Meetings with Swiss and Norwegian officials also explored the development of legal and regulatory frameworks.
These steps aim to strengthen financial integration and open new avenues for institutional cooperation.
Active Emirati role
Al-Husseini affirmed that these meetings are part of the UAE vision
to strengthen its role as a link between various global economic powers.
He also noted that the country seeks, through these dialogues, to formulate innovative solutions
that support the stability of the international financial system.
These initiatives reflect the UAE’s advanced standing on the global economic stage
and its growing role in supporting multilateral cooperation.
They also aim to enhance financial stability in light of current economic challenges.
