Awareness of Various Global Development Experiences

  • 21 November 2013

A salient feature of the development-oriented policies of the UAE is the pursuit of an open and broadminded approach to the development experiments carried out in other countries of the world. This fact was highlighted by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, during a meeting with Klaus Schwab, Executive Chairman of the World Economic Forum (WEF) recently by saying that the UAE is willing to benefit from the experience of other nations and share opinions and studies with them to develop the global economy. His Highness added that the UAE is also keen to present its own experience, its vision and expertise from development projects to anyone willing to share.

The UAE’s receptive approach is not limited to industrialized countries only but is open to the development experiments of all nations, be they in the east or west. This explains the UAE’s continuous drive to strengthening and developing economic and commercial relations based on common interests with Europe, Asia and Africa. The UAE is also interested in expanding cooperation at the regional and international levels.

This openness is guided by the country’s profound awareness toward these experiments and by absolute confidence in the pioneering UAE model in the Arab region and at the regional and international levels. It has also a firm belief in its own experience that could be of benefit to many nations. This explains the UAE's dealing with others on an equal footing with, knowledge of domestic development requirements, which makes it possible for the UAE to steer economic and commercial relations with other nations in accordance with development plans.

The UAE is interested in engaging positively and effectively with the global economy, as it has the ability to compete by virtue of its multifaceted approach, rich material and human resources, state-of-the-art infrastructure, limitless ambition and self-confidence – a fact bolstered by international economic organization which give the UAE a high standing at the Arab, regional and international levels, and consider it a pioneering model worthy of emulation by aspiring nations.

The various developed and developing nations’ keenness to strengthen economic ties and common interests with the UAE indicates the success of the development experiment under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan (may God protect him) and proves that the country is on the right path of development.