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Emirates News Agency – Kazakh Trade Minister to WAM: We are working to double the volume of trade with the UAE to one billion dollars.

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Emirates News Agency – Kazakh Trade Minister to WAM: We are working to double the volume of trade with the UAE to one billion dollars.

Posted by: Al-Yasiyyah Al-Kaabi.

ABU DHABI, 21 October / WAM / The Minister of Trade and Integration of the Republic of Kazakhstan, His Excellency Arman Shakaliyev, said that mutual investments between the UAE and Kazakhstan continue to create quality opportunities for the development of trade relations between the two countries. Work on projects that will contribute to triple the volume of trade to reach a billion dollars.

In reports to the Emirates news agency “WAM” during the activities of the World Investment Forum “UNCTAD” 2023, proposals on new trade routes from the Caspian Sea to the ports of Abu Dhabi and Dubai were presented at the forum. , illustrates the importance of the new road to connect Central Asia as a hub. Agriculture for regional markets.

He said, “Today, the Central Asian region has become an important link in global transportation and plays an important role as a continental bridge in the north, south and east-west directions. The development of the corridor through the Caspian Sea and its connection with the global gateway strategy is of particular importance, and in this corridor It can increase the volume of movement of goods five times.”

His Excellency explained that in terms of attracting investors, the forum provides a clear understanding of the conditions provided by governments to invite investors, noting that Kazakhstan has established a wide range of investment options in 14 special economic zones. Introduced to support the country, the investment agreement is concluded directly with the government and enjoys individual benefits and legislative stability for up to 25 years.

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He emphasized that the main direction of investment policy in Kazakhstan is to increase competitiveness, create favorable conditions for investors and attract investment in sectors of the economy. Creating about 6,500 thousand job opportunities.

He pointed out the advantages that Kazakhstan offers to increase investments; A system of investment options has been established under the Act for in-kind and non-financial subsidies and various tax concessions, subsidies and exemptions from corporate income tax, value added tax, land and property tax and exemption from customs duty. Duties.

He pointed to the government’s efforts to diversify the economy, which has contributed to creating huge investment opportunities in agribusiness, transport and logistics, IT industry, mechanical engineering and others.

In this context, “soft investment and international trade are important for integration with global value chains, and we focus on attracting investments in the development of transport and logistics services, as Kazakhstan has become a major hub for transport and logistics services in Eurasia, by providing 11 international transport routes and 5 railways. ” And 6 routes have led to more than double the transit time compared to sea routes from Asia to Europe.

We have started working with major logistics companies such as Simatec Shipping & Forwarding and Abu Dhabi Ports to develop a new transport route for the delivery of agricultural products from the Kazakh port of Korek to the Arab Gulf countries.

He said, “This road will allow Kazakh exporters to deliver their goods within three days and will be open to Emirates ports and beyond to India, Pakistan, Asia and Pacific countries and all major ports on the East Coast of Africa.”

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As one of the world’s largest agricultural exporters, he emphasized Kazakhstan’s commitment to using its agricultural potential to address global food shortages.

The Minister of Trade and Integration of Kazakhstan, improving the investment climate, open dialogue with investors and improving infrastructure to attract investment is the strategic direction of the government’s work and one of the most important conditions for the success of the modernization cycle. implemented in the country.

He pointed out that within the framework of climate action, both the UAE and Kazakhstan share the vision and aspirations to achieve climate neutrality goals by 2050 for the UAE and by 2060 for Kazakhstan. Attracting investments in environmental, social and corporate governance (ESG) practices improves unrelated sectors.” Resources points to Kazakhstan’s long-term carbon neutrality strategy, which includes key measures to reduce emissions and decarbonize the economy.

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Tribal people… live in complete harmony with nature

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Tribal people… live in complete harmony with nature

According to data and statistics from the COP28 conference, indigenous peoples make up less than 5% of the world’s population, but they protect 80% of global biodiversity.

Brazil’s Minister of Indigenous Peoples, Sonia Guajara, emphasized the importance of the role of indigenous peoples in combating climate change while participating in the global conference that ends tomorrow at Expo City in Dubai: “We saw a big event. In a positive step globally with the ratification of the Paris Climate Agreement concluded in 2015, the traditional knowledge of indigenous peoples and local communities has been recognized as reliable scientific evidence.

The Brazilian minister continued, “This recognition is a tribute to the way of life of indigenous peoples, which is based on living in complete respect and harmony with nature, including the preservation of water, trees, animals and the richness of the land. , our indigenous culture is naturally connected to everything that exists in nature.”

Kwajajara emphasized her commitment to spreading awareness about the importance of indigenous peoples, the “National Coalition of Indigenous Ancestral Warriors” established in the past three years, which includes indigenous women and is the largest group of indigenous women participating in history. Conferences of Parties.

Studies indicate that rates of deforestation in tribal-controlled lands are two to three times lower than in other protected areas.

The lands of indigenous peoples and local communities account for at least 24% of the total carbon stored above ground in tropical forests worldwide, playing an important role in providing suitable conditions to meet climate challenges.

To achieve this, the COP28 leadership took the initiative to establish a dialogue with indigenous peoples as part of the solution to the climate crisis.

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• Indigenous peoples represent 5% of the world’s population, but they protect 80% of biodiversity.

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Emirates Nuclear Company has launched a roadmap to reduce the carbon footprint of its Barakah plants.

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Emirates Nuclear Company has launched a roadmap to reduce the carbon footprint of its Barakah plants.

Emirates Nuclear Corporation launched a roadmap to reduce the carbon footprint of all operations, whether at the corporation’s facilities or the locations of Barakah nuclear plants, and began developing plans for this initiative. The US Department of Energy’s “Idaho National Laboratory” is one of the largest and most scientific research institutions in the world.
This is in line with the UAE’s strategic initiative to achieve climate neutrality by 2050 and the “Nuclear Energy for Climate Neutrality” initiative launched by the Corporation and the International Atomic Energy Agency.
The roadmap, launched during the “Nuclear Energy for Climate Neutrality” summit on the sidelines of the Conference of the Parties to the United Nations COP28 Framework Convention on Climate Change, will include setting the path for the implementation of the Emirates Nuclear Corporation. Reduce its carbon footprint and use advanced technology to achieve climate neutrality for all its operations. And the expertise of the American Idaho Laboratory Group, particularly the Barakah nuclear power plants developed by the corporation in Abu Dhabi, is planned to provide 25% of this. Once the UAE’s electricity requirements are fully operational, it will significantly reduce the carbon footprint of the country’s energy sector, enabling sectors and businesses to be part of a carbon-free economy by producing the environmentally friendly electricity required to obtain clean energy certificates. In Abu Dhabi.
The roadmap also includes developing ways to reduce the carbon footprint of various activities at the Baraka plant site, such as transportation, energy storage facilities and carbon capture. Emirates Nuclear Energy Corporation is exploring opportunities to expand nuclear power projects within and outside the UAE. In addition to advanced nuclear technologies including mini-modular reactors and hydrogen production using nuclear energy.
The Foundation’s focus includes international cooperation to contribute to strengthening the world’s journey towards climate neutrality, reducing the carbon footprint of the transport and heavy industry sectors, in addition to converting coal plants to nuclear power plants.
The roadmap for reducing the company’s carbon footprint includes new technologies, funding and incentives, communication with partners, awareness campaigns, governance, policies and regulations, research, development and innovation, local and international partnerships and ecosystem. , and developing human skills.
Mohammed Al Hammadi, Managing Director and CEO of Emirates Nuclear Corporation, said, “Together with the American Idaho National Laboratory, we are making progress towards achieving our goals of contributing to achieving climate neutrality in the UAE by 2050. A global process to transition to environmentally friendly energy sources.” At Emirates Nuclear Corporation we plan beyond the broad reduction of the carbon footprint carried out by the Barakah plants and seek to increase our contribution to achieving climate neutrality. and help contribute to achieving climate neutrality.
He continued: “In addition, we will continue to strengthen international cooperation to increase the productivity of nuclear energy and improve its existing and new technologies, with the aim of supporting the global process of transition to energy sources without carbon emissions. Confronting climate change.”
Emirates Nuclear Energy Corporation and the American Idaho National Laboratory have decided to collaborate to develop systems for the production of hydrogen, ammonia, oxygen, water and steam on a commercial scale as part of their vision for a future of carbon-free exports. to meet the growing global demand for hydrogen and ammonia.
For his part, John Wagner, Director of the US Idaho National Laboratory, said: “The US Idaho National Laboratory has a recognized scientific leadership position in the design, development and deployment of nuclear energy technology worldwide. Through this collaboration, we will. To support the goals, leverage our capabilities and expertise in the nuclear energy sector through renewable and climate neutral systems.
The Corporation and the International Atomic Energy Agency, with the support of the International Atomic Energy Agency, launched the “Nuclear Energy for Climate Neutrality” initiative during the World Nuclear Energy Conference in September 2023 to double nuclear power’s production capacity and improve its efficiency. Contribute to achieving global goals to ensure energy security and reduce emissions. As the next phase of the UAE’s peaceful nuclear energy program, Emirates Nuclear Corporation is focused on exploring and attracting strategic investments in nuclear energy, both domestically and internationally, with the aim of supporting the country’s growth and development.

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Mohammed bin Rashid: UAE’s sustainability and climate change efforts are constant in our comprehensive development journey

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Mohammed bin Rashid: UAE’s sustainability and climate change efforts are constant in our comprehensive development journey

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the Cabinet meeting held in conjunction with the COP28 conference at Dubai’s Expo City.
In a blog post on the “X” site, His Highness said: At the beginning of the “Cabinet Meeting”, we reviewed the results of the state’s national efforts in the field of environment, including more than 120 decisions on sustainability, climate change, The development of our natural resources published by the Council over the last five years… and we launched more than 60 new decisions in 2023 alone, creating a coherent set of policies, legislation, strategies and initiatives. Efforts to participate with the world in addressing the effects of climate change and its file.
His Highness added: National strategies and policies in the field of environment and climate change have yielded results, as the country ranks second in the world in energy transition, in the Global Green Future Index 2023 “GFI”, and the sixth in the world per capita solar energy consumption rate, and it is worth 50 billion dollars. It has invested over .70 billion in clean energy projects in countries, pledging to invest an additional $50 billion in the sector over the next decade.
His Highness continued: The UAE continues to be active and proactive in the field of sustainability and climate change, and our efforts in this field are parallel to those of economic development, and are an essential and sustainable component of our comprehensive and continuous development. Process, God willing.

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