UAE, Egypt, Jordan to set roadmap for Industrial partnership
June 03, 2022 / 9:39 PM
Sharjah 24 – WAM: Ministers from the UAE, Egypt and Jordan have met for the first time since the signing of the Industrial partnership for Sustainable Economic Growth last week, to discuss a roadmap for implementing initiatives related to the new partnership.
The tripartite higher committee meeting was attended by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Dr. Nevein Gamea, Egyptian Minister of Industry and Trade; and Yousef Al Shamali, Jordan's Minister of Industry, Trade and Supply.
The Ministers discussed timeframes for implementing the initiatives and how their performance can be measured. They also discussed establishing mechanisms for the governance of the partnership, as well as the tasks of the higher committee and the executive committee, to ensure the partnership’s objectives are met.
During the meeting, the Ministers discussed expanding the partnership by adding new members, accelerating economically feasible opportunities under the umbrella of the industrial sector in the three countries, facilitating cooperation and integration by involving more sectors, and coordinating with government entities and the private sector. The meeting focused on the importance of private sector participation and its important role in enabling the industrial partnership, which focuses on five sectors including agriculture, food, fertilisers, pharmaceuticals, textiles, minerals, and petrochemicals.
The members approved the appointment of Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology, as Secretary-General of the tripartite higher committee. The steering and executive committee will continue its work and meet next month to follow up on the partnership’s progress.
Dr. Al Jaber said, "In line with the vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Ministry of Industry and Advanced Technology seeks to enhance industrial integration with Arab nations and the rest of the world to achieve a major leap in the sector, locally and regionally. This partnership focuses on integration and leveraging the competitive advantages and the unique capabilities of each of the three countries. The partnership will be the nucleus of broader collaboration that contributes to building a more sustainable economic base for each member country.