The agreement aims to expand cooperation in trade, investment, knowledge transfer, organizing economic events, and exchanging trade delegations, as well as providing a common platform to support companies and enable them to expand into new markets, which contributes to developing sustainable economic partnerships and opening effective communication channels between business communities.
The agreement was signed by Director General of the Abu Dhabi Chamber of Commerce and Industry, Ali Mohammed Al-Mazrouei, and Vice President for Middle East Affairs at the American Chamber of Commerce, Steve Lutes, in the presence of a number of officials from both sides, reflecting the growing depth of economic relations between the United Arab Emirates and the United States.
Ali Mohammed Al-Mazrouei said: "Signing the agreement marks a new milestone in the journey of enhancing economic relations with the United States, as it comes within the framework of the Abu Dhabi Chamber's continuous efforts to strengthen international partnerships and support the private sector's expansion towards global markets, opening new horizons for economic and investment cooperation. This is especially important as the United States is a strategic economic partner for the UAE, and we trust that this partnership will open broader horizons for Abu Dhabi companies to benefit from investment and trade opportunities, and enhance knowledge and experience exchange, which will support business growth and strengthen its global competitiveness."
Steve Lutes, for his part, said: "This agreement reflects the American Chamber of Commerce's commitment to enhancing cooperation with our partners in Abu Dhabi and the UAE."
The Abu Dhabi Chamber of Commerce and Industry signed a cooperation agreement with the American Chamber of Commerce to enhance investment opportunities, exchange expertise, and strengthen communication channels between the business communities of the Emirate of Abu Dhabi and the United States of America, within its keenness to strengthen international economic partnerships and expand the horizons of trade and investment cooperation.
The agreement comes in light of the solid economic relations between the United Arab Emirates and the United States, which is one of the UAE's largest trading partners globally. Non-oil trade between the two countries has witnessed continuous growth in recent years, supported by expanding cooperation in the sectors of technology, energy, advanced industries, and financial services.
According to the latest data issued by the Federal Competitiveness and Statistics Centre, the value of bilateral non-oil trade in goods reached 111 billion dirhams (equivalent to 30.2 billion dollars) during the first nine months of 2025, achieving an annual growth of 10.2%, compared to 100.7 billion dirhams (27.4 billion dollars) recorded during the first nine months of 2024.
The UAE hosts thousands of American companies operating in various sectors, while mutual investments continue to grow, reflecting mutual trust in the business environment and economic opportunities in both countries. This agreement aims to contribute to enhancing this momentum and providing an institutional platform to support the growth of joint investments and expand cooperation between the private sector in Abu Dhabi and the United States.
We look forward to supporting both American and Emirati companies in exploring new opportunities in the fields of investment, technology, and trade, and enhancing the links between the business communities of the two countries to achieve sustainable economic growth."
