Abu Dhabi and Singapore will explore avenues for collaboration in areas of strategic importance, including innovation, technology and financial services
Skill development, climate change and food security are the other areas which will be explored for bilateral collaboration.
This was revealed at the 14th session of the Abu Dhabi-Singapore Joint Forum (ADSJF), held in the UAE capital on Tuesday.
The forum was held under the co-chairmanship and in attendance of Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, and S Iswaran, Singapore’s Minister-in-Charge of Trade Relations.
During the session, the Co-Chairs reaffirmed the strong bilateral relations between the UAE and Singapore.
The UAE continues to be Singapore’s largest trading partner in the Middle East, with total non-oil trade of $4.1 billion in 2021.
Al Mubarak said for more than a decade, the Abu Dhabi Singapore Joint Forum has been an effective platform for public and private entities from the UAE and Singapore to develop productive partnerships across a range of sectors of mutual interest.
Minister Iswaran said over the years the two sides have made significant progress in innovation, trade digitalisation and fintech.
“I look forward to taking this partnership forward, focusing on fresh and forward-looking ideas such as low-carbon alternatives and food security,” he said.
Agreements signed at the forum
The Emirates College for Advanced Education and NIE International signed a strategic partnership to cooperate in the education sector in governance and policy, training programmes, and capacity building for UAE educators.
Hub71, Abu Dhabi’s global tech hub, and EnterpriseSG, also signed a memorandum of understanding (MoU) to support startups in both countries.
Under the MoU, Hub71 and EnterpriseSG will work together to provide a range of services to startups, including mentorship, access to networks and resources, and opportunities for cross-border collaboration.
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