UAE and Croatia Strengthen Economic Ties with Focus on Renewable Energy, Tourism, and Innovation-Led Growth

Representational image. Credit: Canva

In a move to deepen bilateral relations, H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, held a high-level meeting with H.E. Ante Šušnjar, Croatia’s Minister of Economy and Sustainable Development, to discuss enhancing cooperation across key economic sectors. The meeting took place during H.E. Bin Touq’s official tour of several European nations, aimed at strengthening partnerships in areas such as the new economy, tourism, and advanced technology.

During the talks, H.E. Bin Touq emphasized the UAE’s ongoing efforts to boost economic openness and diversify international partnerships, particularly with emerging European economies. He noted that the UAE and Croatia share a mutual vision for strategic collaboration, with high potential in sectors like renewable energy, logistics, and the creative industries.

Tourism emerged as a central focus during the discussions, with both ministers recognizing it as a vital industry offering mutual benefits. H.E. Bin Touq highlighted the opportunity for the two countries to exchange expertise in tourism development, positioning both nations uniquely on the global travel map.

The UAE Minister of Economy also underscored the significance of fostering a flexible and investor-friendly business environment, calling on the private sector in both countries to take an active role in exploring promising investment avenues and strengthening market linkages.

“We look forward to exchanging best practices with the Croatian side in development policies, which will contribute to the sustainable development efforts of both countries, particularly in light of the recent growth in our economic and investment exchanges,” H.E. Bin Touq stated.

The bilateral meeting also covered potential cooperation in infrastructure development, logistics, and the creation of regulatory frameworks that support innovation and the new economy. Both sides agreed on the importance of facilitating dialogue between their business communities to unlock further opportunities for sustainable economic growth.

 

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