November 25, 2023
1 min read

‘UAE Can Play Big Role in BRICS’

UAE can play big role in BRICS, especially through connectivity: Emirates Policy Centre founder Ebtesam Al-Ketbi

President and founder of Emirates Policy Centre Ebtesam Al-Ketbi on Friday said the United Arab Emirates (UAE) can play a big role in the BRICS grouping, especially through its over trillion-dollar sovereign fund in connectivity to Latin America, Middle East, India and South Asia.

In the month of August, the BRICS bloc of developing nations agreed to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates (UAE) in the grouping.

“With more than a trillion dollar sovereign fund, UAE can play a big role through BRICS and play a great role also in connectivity to Latin America, Middle East, India and South Asia. I think also this is an opportunity to be beyond the unipolar world and enjoy multilateralism,” Ketbi told ANI.

Calling the Indian G20 presidency’s landmark decision of the India-Middle East-Europe Economic Corridor a great idea, she also pitched for the need for a Middle East Africa – India route.

President and founder of Emirates Policy Centre Ebtesam Al-Ketbi

“This (IME economic corridor ) is a great idea and UAE Worked on it, this will also help the transportation for the Middle East and Europe. By having another route, so if something happens to one route, we can have alternatives. Problems are also there with regard to geopolitics like what happened at Gaza, so we always have to do more,” she added.

As the Indian G20 presidency is coming to an end, Ketbi lauded by saying” India did a great job and tried its best in negotiation.”

On the upcoming COP28 meeting in UAE, she said that she is hopeful that through negotiations some of the challenges can be resolved in the meeting. (ANI)

ALSO READ: UAE President Urges G20 To Work For Peace In Region

Previous Story

Foxconn Founder Backs Out From Taiwan Presidential Race

Next Story

Pakistan’s Mountain Villages at Risk from Melting Glaciers

Latest from -Top News

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

Major Abu Dhabi retail outlets back Single-Use Plastics Policy

A group of senior executives from major retail outlets in

Emirates soars to record profits

The Group’s cash balance was AED47.1 billion (US$ 12.8 billion),