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Gargash: UAE Hails Efforts to Bolster Gulf Unity

UAE State Minister for Foreign Affairs Dr. Anwar Gargash. (AFP)
UAE State Minister for Foreign Affairs Dr. Anwar Gargash. (AFP)
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Gargash: UAE Hails Efforts to Bolster Gulf Unity

UAE State Minister for Foreign Affairs Dr. Anwar Gargash. (AFP)
UAE State Minister for Foreign Affairs Dr. Anwar Gargash. (AFP)

United Arab Emirates State Minister for Foreign Affairs Dr. Anwar Gargash said on Tuesday that his country appreciates efforts by Kuwait and the United States to strengthen Gulf Arab unity.

In a Twitter post, he also praised Saudi Arabia’s “good endeavors on behalf of the four states” – a reference to the Gulf row.

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt severed diplomatic, trade and travel ties with Qatar over its support and financing of terrorism. Saudi Arabia and Kuwait said last Friday that progress had been made towards resolving the dispute.

Gargash added that the UAE looked forward to a “successful” Gulf Arab summit, which is due to take place this month.

An Egyptian foreign ministry spokesman said in a statement on Tuesday that Cairo hoped the recent efforts to end the rift would result in a “comprehensive solution that addresses all causes behind the crisis and guarantees serious and strict commitment”.

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Gulf

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.