Singapore, UAE sign MOUs in areas like green economy, climate change and AI

Singapore, UAE sign MOUs in areas like green economy, climate change and AI

Singapore and the United Arab Emirates( UAE ) signed Memorandums of Understanding ( MOU ) on October 22 in regards to the green economy, climate change, and artificial intelligence.

Lee Hsien Loong, the prime minister of Singapore, and Sheikh Mohamed Bin Zayed Al Nahyan, leader of the UAE, both attended the deals.

The final leg of Mr. Lee’s standard excursion to two Gulf state, which began on Tuesday, was his visit to the UAE and nbsp from Saturday to Sunday. & nbsp, Mr. Lee traveled to Saudi Arabia before arriving in the UAE.

President Sheikh Mohamed welcomed Mr. Lee on Sunday at Qasr Al Watan in Abu Dhabi. Mr. Lee visited President Sheikh Mohamed, who hosted breakfast in his honor, after a formal embrace ceremony.

During then-Crown Prince Sheikh Mohamed’s visit to Singapore in February 2019, both leaders reiterated the bilateral ties and the close cooperation under the Singapore – UAE Comprehensive Partnership ( SUCP ).

According to a press release released on Sunday by Singapore’s Ministry of Foreign Affairs( MFA ), they also praised the success of the 14th Abu Dhabi Singapore Joint Forum( ADSJF ) and the 3rd Singapore – UAE Joint Committee ( SUJC ), which were held earlier this year.

On Sunday, Mr. Lee and President Sheikh Mohamed even discussed current events, including the latest Middle East conflicts, on a regional and international level.

Singapore and the UAE, which are both little state and regional hubs, have a shared interest in fostering multilateralism and an order based on rules, according to MFA.

According to the government, both leaders concurred that there was room for improvement in developing nations like the green and electric economies.

The two leaders acknowledged the pressing need to maintain the Paris Agreement’s 1.5 degree Celsius heat purpose in a joint declaration on climate assistance.

In the statement, they emphasized the significance of mobilizing innovative funding to safeguard and use trees and other natural resources in crucial lakes in accordance with national priorities and plans.