Carney expected to strengthen trade and investment ties with UAE during Abu Dhabi visit

ABU DHABI – Prime Minister Mark Carney’s visit to Abu Dhabi aims at advancing trade and investment relations with the United Arab Emirates. According to senior officials, Carney is set to complete a foreign investment protection agreement with the UAE by the end of the week. This agreement will establish guidelines for private sector transactions to promote increased investments. Additionally, both countries are preparing to kick off negotiations for a comprehensive free trade agreement that will encompass various economic sectors. The trip follows a recent collaboration agreement between the two nations focused on artificial intelligence and data centers.