German ambassador says long-term UAE trade partnership primed for growth
Air defence, energy and advanced robotics are industries set for growth and investment as Germany’s new ambassador gets to work on strengthening bilateral ties with the UAE. Speaking before a state visit by President Sheikh Mohamed to Germany on Wednesday, ambassador Tobias Tunkel said his country was a proud trading partner with firm ambitions to build on innovative technologies. Mr Tunkel has…
German ambassador Tobias Tunkel has announced that Germany is eager to expand its trade ties with the UAE, with a focus on industries like air defence, energy, and advanced robotics. The UAE’s potential in artificial intelligence and robotics, combined with Germany’s manufacturing expertise, presents a significant opportunity for bilateral investment to surpass the current $15 billion figure.
Despite regional tensions, the UAE and Germany have grown closer due to shared threats from hostile neighbors, with the UAE seeking stability in the region. The ambassador highlighted the importance of anti-drone technology and joint ventures in air defence and anti-drone technologies, as well as Germany’s commitment to international law and freedom of navigation.
Germany and the UAE have already formed long-standing economic partnerships, such as the joint venture between Adnoc and Germany’s Linde for industrial gases.
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