Washington: The US and the UAE have reaffirmed assist for the India-Center East-Europe Financial Hall whereas deepening cooperation on commerce, funding, and synthetic intelligence at their newest Financial Coverage Dialogue held in Abu Dhabi early this month. The 2 sides mentioned the hall, referred to as IMEC, is a precedence for enhancing regional connectivity, with a deal with increasing port and rail capability linking India to Europe by means of the Center East.

The eleventh U.S.-UAE Financial Coverage Dialogue occurred on January 15 and was co-chaired by UAE Minister of State Saeed Mubarak Al Hajeri and U.S. Below Secretary of State for Financial Affairs Jacob Helberg, in response to a joint assertion launched Tuesday.

Officers confused the strategic significance of bilateral commerce and funding. They famous that the UAE is the most important U.S. commerce companion within the Gulf area, a place it has held for practically 20 years. The US maintains a big commerce surplus with the UAE.

Either side mentioned open markets and clear regulatory pathways have helped make commerce and funding extra productive for each economies. They highlighted rising cooperation in vital minerals, superior know-how, vitality, manufacturing, and life sciences.

The delegations reiterated the UAE’s dedication to speculate $1.4 trillion in the US over the following decade. The pledge reinforces the UAE’s place as America’s largest regional financial companion. Al Hajeri highlighted the size of financial ties. He mentioned the entire non-oil commerce between the 2 nations surpassed $38 billion in 2024. Preliminary information for 2025 confirmed bilateral non-oil commerce of $19.3 billion within the first half of the yr. That mirrored year-on-year progress of three.4 per cent and supported U.S. industries reminiscent of vitality, aviation, and know-how.

Helberg emphasised the necessity to strengthen financial safety and safe trusted provide chains. He highlighted shared pursuits in superior manufacturing, synthetic intelligence, vitality abundance, and digital infrastructure. He mentioned these areas can strengthen alignment between the economic system and nationwide safety. The delegations agreed to discover areas of cooperation amongst I2U2 nations. These embrace vitality safety, vital minerals, and water safety.