KEY HIGHLIGHTS OF JOINT STATEMENT ISSUED BY TWO NATIONS
1.Political field: The Chinese side supports the constructive role being played by the UAE in regional affairs, and the UAE hails the positive role played by China in the international issues, which mirrors the strong political ties.
The two sides stress the importance of giving priority to enhancing the representation and voice of the developing countries, including the Arab countries, through reforming the Security Council, find a comprehensive solution to all issues through full and transparent discussion and consensus-building.
The UAE expressed its unwavering commitment to the One-China Principle and supports its position on the Taiwan issue. The country also supports the peaceful development of relations between the two sides of the Taiwan Strait and the issue of peaceful reunification of China.
2.Economic and Financial fields: The UAE and China hail the steady growth in the trade exchange volume and are keen to further enhance cooperation in the economic, trade and employment fields. The two sides agree to expand cooperation in e-commerce, coordinate policies, share expertise, increase inter-corporate communication, conduct specialised training, develop cross-border e-commerce and support the development of bilateral trade through cooperation in e-commerce.
The two sides are keen to further develop cooperation in production capacity and good implementation of the ‘Framework Agreement’ on cooperation on the production capacity and investment fields.
3.Enhancing cooperation in innovation, technology transfer, economic diversification and data exchange areas and relevant information: They agree to enhance the role of private sector in both countries to strengthen the economic cooperation between the two sides through the optimal recruitment of the UAE-China Business Committee and other platforms aimed at exploring opportunities and building partnerships in various economic sectors.
The two sides are keen on exchanging expertise in the free trade through ports and building special export-oriented economic zones, establishing industrial projects, achieving the industrial integration based on effective investment partnerships, exchange of expertise and the supporting technology of fourth generation industries and other advanced industries.
The two sides welcome and support the opening of branches of the banking institutions in both countries and promoting communication and cooperation between the two central banks of the two countries, as well as cooperation between the UAE international financial centres and Shanghai Stock Exchange.
4.Education, Science and Technology fields: The two sides are keen on developing cooperation in the scientific and technological innovation under the “Partnership Programme between China and Arab countries in Science and Technology “and encourage distinguished young Emirati scientists to conduct short-term scientific research in China and enhance cooperation on the technology transfer centres. Developing cooperation between the two sides in the peaceful use of nuclear energy, space, energy, sustainable development, agriculture and the environment, as well as the exchange of individuals between educational institutions in both countries.
5.Renewable Energy and Water: The two sides will employ the potential of the two countries to cooperate in the clean and renewable energy to reduce climate change effects, and support research institutions of both sides to carry out joint research.
The two sides emphasise their support for joint scientific research and development, and cooperation in projects to address challenges of the scarcity of drinking water, raise efficiency in its uses, ensure its quality and exchange of expertise in building dams.
6.Oil and Gas Sector: The two sides encourage the competent government departments and other competent companies of the two countries to promote cooperation in the crude oil trade, exploration and development of oil and natural gas resources.
The Chinese side welcomes the latest developments in the joint cooperation in oil and gas industries, out of its keenness to extend cooperation to include trade and marketing of crude and products.
7.Military and Law Enforcement and Security fields: The two sides are keen to enhance practical cooperation between the two armies, joint training and training of personnel and other domains through cooperation mechanism between them.
The two sides are keen on boosting communication and cooperation to fight corruption and organised crime and cybercrimes, money laundering, human trafficking, drugs and illegal migration.
The two sides are keen on enhancing cooperation and exchange of information on the maritime security..
8.Cultural and Humanitarian field: The two sides agreed to encourage cultural communication at the official and popular levels. They also support the opening of cultural centres in the two countries and the establishment of joint cultural projects. They also keen on developing a dialogue on soft power policy and promoting cooperation in the cultural industries, preservation of heritage, contemporary art, and promotion of intellectual exchanges in all its forms and events.
They will work to develop long-term and stable cooperation between major cultural institutions and important arts festivals.
9.Consular field and facilitating movement of the citizens: The two sides emphasise the distinguished and historical relations that unite their peoples and the rights enjoyed by citizens of the two countries.
They are keen on further facilitating movement of the citizens of the two countries through a comprehensive visa waiver agreement, strengthening humanitarian ties and supporting tourism and cultural movement, as well as ensure the safety of citizens and companies of both sides.
10.Mechanism of implementing strategic partnership: The two sides agree to support the role of the mechanism of the Intergovernmental Cooperation Committee, established in accordance with the Memorandum of Understanding signed on Establishment of the Cooperation Committee between the United Arab Emirates and the People’s Republic of China on 2nd May, 2017, and stress the role of this mechanism to implement the provisions of this statement to ensure achievement of the objectives of strategic partnership.