RA Minister of Economy Vahan Kerobyan agreed to deepen further cooperation in the field of solar energy production with Nariman Al-Mulla, Ambassador of the United Arab Emirates to Armenia, and Mohammed Al Shehi, the coordinator of the projects implemented by the Masdar company in Armenia. The RA Ministry of Economy reported this.
The volume of trade between Armenia and the UAE will reach 2.8 billion dollars in 2023, which makes the Emirates the second largest trade partner of Armenia. Until the end of September 2023, investments from the UAE amounted to about 135,235.1 million AMD, of which the direct gross flows were 105,192.0 million AMD.
Business and interstate cooperation between Armenia and the United Arab Emirates continues to expand.