UAE and Caribbean Nations Discuss Trade Expansion at Regional Summit

The UAE has concluded high-level participation in the 29th Ordinary Meeting of the Ministerial Council of the Association of Caribbean States (ACS) in Paramaribo, Suriname, as part of a strategic push to expand trade and investment in the region. Reem Al Hashimy, Minister of State for International Cooperation, led the UAE delegation to discuss economic integration and logistics cooperation with Caribbean leaders. Non-Oil Trade and Economic Growth Non-oil trade between the UAE and Caribbean nations reached $574.5 million in 2023, reflecting a growing appetite for cross-border investment. During the summit, the UAE delegation emphasized the potential for increased cooperation in sectors including renewable energy, food security, and infrastructure. The talks follow the UAE’s broader strategy of establishing Comprehensive Economic Partnership Agreements (CEPAs) to diversify its global economic reach beyond traditional markets. Infrastructure and Transport Development A primary focus of the ministerial discussions was the development of logistics corridors to better connect the Middle East with Caribbean ports. The UAE is positioning itself as a knowledge partner in port management…