Politics

The UAE is Armenia's second-largest trade partner. Simonyan

On January 16, RA NA Speaker Alen Simonyan received the delegation headed by Dr. Ali Al-Nuaimi, Chairman of the Committee on Defense, Internal Affairs, and Foreign Relations of the Federal National Council of the United Arab Emirates and Vice President of the International Parliamentary Union.

Welcoming the guest, the Speaker of the National Assembly noted that the UAE is one of Armenia's reliable and essential partners, and the results of the high-level political dialogue, friendly relations, and dynamic interaction established between our countries are apparent.

According to the results for 2023, the Emirates is Armenia's second-largest trade partner. In 2023, the trade volume exceeded 2 billion US dollars.

Alen Simonyan expressed confidence that the bilateral trade potential is ongoing and assured that the RA government is ready to support promoting this process.

An agreement was reached to expand the institutional foundations of bilateral inter-parliamentary relations by signing a cooperation agreement.

Referring to the current security situation in the South Caucasus and the efforts made by the Armenian side to achieve peace and stability in the region, the head of the parliament emphasized that Armenia adopted a peace agenda and presented the "Crossroads of Peace" project.

Several issues related to the comprehensive economic cooperation between the two countries were also discussed.