US-UAE Business Council president identifies ‘tremendous potential’ for further growth

The Council plans to redouble our focus on climate change and sustainability over the next 18 months as the UAE prepares to host the COP 28 Conference in November 2023.

With $16.7 billion worth of exports last year, the US-UAE Business Council is poised to further enhance ties between the United States and the UAE in healthcare, energy sustainability, space, advanced manufacturing, and the digital economy.

“There is tremendous potential for the further growth of the bilateral relationship,” Danny Sebright, the Council president, told the Emirates News Agency (WAM) in an interview. The economic relationship is now marked by over US$22 billion in bilateral trade as well as large flows of foreign direct investment in both directions, he added.