UAE and BRICS Partnership Emphasizes UAE’s Commitment
The United Arab Emirates (UAE) has officially become a member of the BRICS group, following a successful application ratified by the five founding nations: Brazil, Russia, India, China, and South Africa. This move reflects the UAE’s commitment to multilateral action and constructive dialogue, aiming to support development, prosperity, and well-being for people and nations worldwide.
Highlights About UAE and BRICS Partnership:
Strategic Partnerships:
The UAE has a long-standing approach of building strategic partnerships with countries, organizations, and international institutions.
Joining BRICS aligns with the UAE’s vision for economic cooperation on a global scale.
BRICS Engagement:
The UAE has been a long-term partner of BRICS, participating in forums and initiatives.
It joined the BRICS New Development Bank in 2021, which mobilizes resources for infrastructure and sustainable development projects.
Multilateralism and Economic Cooperation:
The UAE champions multilateralism, supporting peace, security, and development globally.
Its inclusion in BRICS reflects its commitment to international cooperation for sustainable development.
Leaders’ Statements:
UAE Minister of Foreign Affairs, Sheikh Abdullah bin Zayed Al Nahyan, expressed appreciation for BRICS’ approach to partnerships.
Minister of State, Sheikh Shakhboot bin Nahyan Al Nahyan, has also emphasized support for multilateralism and partnerships.
Financial and Economic Goals:
The United Arab Emirates aims to enhance economic cooperation within BRICS, identifying opportunities for trade development and financial stability.
In addition, it seeks to play a leading role in developing BRICS initiatives.
Financial Mechanisms:
The UAE activates its participation through the financial track of BRICS.
Discussions include monetary and financial systems, infrastructure financing, and long-term economic prosperity.
The United Arab Emirates, within the framework of Operation “Gallant Knight 3”, provided medical services with international standards, and succeeded in performing complex surgical operations for wounded and injured Palestinians in the floating hospital, which it established in… pic.twitter.com/NqRr834t2X
— UAE Voice (@uae_voiceeng) August 29, 2024
In summary, the UAE’s membership in BRICS underscores its commitment to global cooperation, economic growth, and balanced strategic relations.
It joins other emerging economies in shaping a more inclusive and prosperous world.
