Iran, UAE Bilateral Relations between Tehran and the UAE are Placed in Prominent Position as Trade, Interests
Come in Focus Dubai/Tehran, 2nd Mar 2025 – Iran’s senior government figures and UAE government leaders met recently for senior talks aimed at bettering bilateral ties with great emphasis on economic collaboration, trade, and security at the regional level. UAE President’s Diplomatic Adviser, Anwar Gargash, hosted Iran’s Deputy Foreign Minister for Political Affairs, Majid Takht Ravanchi, in regular diplomatic meetings. Both nations reaffirmed their commitment to developing bilateral ties and fostering economic cooperation. Key Points of Discussion Deepening Economic and Trade Relations: Both nations stressed deepening trade and investment opportunities with the aim of increasing economic cooperation. Regional & International Developments: The leaders discussed the major regional concerns, focusing on stability and shared diplomatic interests. Economic Context UAE-Iran trade has remained robust, with the UAE exporting $5.78 billion worth of products to Iran in 2023 and Iran exporting $453 million worth of products to the UAE. The revival of the UAE-Iran Joint Economic Commission in 2024, after a decade-long hiatus, signaled a new commitment to cooperation in key areas such as transport, tourism, investment, and renewable energy. The latest negotiations bring in a strategic direction towards deeper economic integration and diplomatic ties between the two Gulf nations, solidifying their role in regional stability.