The UAE Export-Import Bank has emphasized the strategic importance of accelerating the pace of trade diversification beyond hydrocarbons. This step is crucial for ensuring sustainable economic growth and reducing dependence on the oil and gas sector. Experts note that diversification opens up new opportunities for the development of non-resource-based industries.
UAE Bank Highlights Importance of Trade Diversification
The UAE Export-Import Bank emphasized the strategic importance of accelerating trade diversification beyond hydrocarbons for sustainable economic growth.