Al Zeyoudi represents UAE at Ecuadorian Presidential inauguration

UAE leaders extend congratulations

Dr Al Zeyoudi conveyed the congratulations and best wishes of UAE leaders—President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Vice President His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mansour bin Zayed Al Nahyan—to President Noboa and the people of Ecuador.

Ecuador values UAE participation

President Noboa expressed appreciation for the UAE’s presence and conveyed his greetings to the UAE leadership. He praised the strong bilateral ties and emphasized Ecuador’s commitment to strengthening relations and pursuing mutual development goals.

A symbol of deepening bilateral ties

Al Zeyoudi’s participation in the ceremony reflects the depth of UAE-Ecuador relations and a shared desire to elevate cooperation across various sectors.

Strengthening trade and investment ties

Dr. Al Zeyoudi highlighted the ongoing Comprehensive Economic Partnership Agreement (CEPA) negotiations, which are nearing completion. He noted the growth in non-oil bilateral trade, which reached USD 360.7 million in 2024, and the 46% rise in UAE non-oil exports to Ecuador, reaching USD 37 million.

Expanding opportunities for economic cooperation

Al Zeyoudi emphasised the potential to double trade figures through tariff reductions and improved investment conditions under the CEPA. He also highlighted promising investment opportunities in sectors such as agriculture, renewable energy, mining, and logistics—citing DP World's $1.2 billion investment in Posorja Port as a successful example.

High-level bilateral meetings held

During these meetings, they discussed ways to increase bilateral cooperation in sectors of common interest, and ways to provide more opportunities for the business communities to build new investment and trade partnerships that stimulate economic growth and shared prosperity.