UAE strengthens global financial partnerships through high-level meetings in Washington

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UAE global financial partnerships expand through high-level meetings in Washington, reinforcing cooperation on investment, taxation, and financial stability frameworks.

WASHINGTON: UAE global financial partnerships were strengthened this week as senior officials held high-level bilateral meetings with global counterparts during the World Bank and IMF Annual Meetings. The discussions focused on boosting cooperation in investment, taxation, and financial stability.

Leading the UAE delegation, His Excellency Mohamed bin Hadi Al Hussaini met with finance ministers and senior officials from the United States, France, the United Kingdom, Canada, Argentina, Switzerland, and Norway. The meetings explored opportunities to expand investment promotion agreements and enhance double taxation avoidance frameworks.

UAE global financial partnerships were a key focus in talks with US Treasury Secretary Scott Bessent, where both sides discussed strategic cooperation across financial and economic sectors. The UAE also highlighted its participation as a guest in the G20 finance track, reflecting growing international recognition of its economic role.

In meetings with European partners, including France and the United Kingdom, officials emphasised the importance of sustained coordination on global financial issues. Discussions centred on strengthening regulatory frameworks and expanding financial sector collaboration.

Talks with Canada and Argentina highlighted efforts to align financial strategies and build on existing agreements that support investment flows and economic growth. Officials noted the importance of structured tax frameworks in creating stable and attractive investment environments.

Meanwhile, engagements with Switzerland and Norway focused on enhancing institutional cooperation and developing shared financial frameworks. Both sides underscored the value of regulatory alignment and knowledge exchange in supporting long-term financial sustainability.

UAE global financial partnerships continue to evolve through these engagements, reinforcing the country’s role in supporting international financial stability. Officials said the discussions reflect a broader commitment to building resilient economic ties and advancing innovative cooperation across global markets.

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