The UAE and Bahrain have agreed to establish a framework for strengthening cooperation in areas of mutual interest.
These include but are not limited to politics, diplomacy, security, economy, tourism, advanced technologies, energy, transport, education, human resources, climate change and health.
A joint statement has been issued by the two countries on the occasion of the visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain.
Prince Salman held talks with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
Political and Diplomatic Cooperation
The two countries are keen to reinforce their political dialogue and diplomatic consultations by increasing high-level diplomatic visits, determining joint bilateral action priorities and agendas, realising joint stances on an international level, strengthening cooperation between diplomatic academies and establishing a joint consular committee.
Relevant authorities from both countries will exchange expertise in cybersecurity.
Cooperation in Economic, Trade and Direct Investment and Sectoral Partnerships
The two countries are keen to strengthen their existing economic relations, advance them to broader levels and remove regulatory obstacles and create an appropriate environment for businesses.
They also aim to establish a joint investment fund to invest in promising opportunities and projects in both countries and abroad.
Relevant national organisations from both countries will reinforce their economic ties, by establishing a centre for Emirati investors in Bahrain and connecting commercial registries in both countries.
Relevant national authorities from both countries will also discuss joint investments in oil, gas and petrochemicals, and establish a joint venture to invest in Bahrain.
The two sides are keen to increase their investment exchange, affirming their commitment to encouraging trade between companies in both countries by establishing a framework for high-level business, industrial and investment partnerships.
They are also keen to restore the aviation sector to pre-pandemic levels, by increasing flights to and from both countries.
The two countries aim to create cooperation opportunities to facilitate the exchange of best economic experiences and practices, support capacity building and the development of a knowledge-based economy, and promote cooperation in infrastructure projects.
Both countries believe in the importance of information and communication technology and the digitisation of the public sector and are keen to cooperate in this area.
Cooperation in Education and Advanced Sciences
The UAE and Bahrain stress the importance of continuing direct cooperation in scientific and educational areas related to higher education and scientific research.
Under this framework, educational institutions from the two countries will exchange best practices in various academic specialisations.
Relevant institutions will also reinforce their cooperation in academic training by establishing direct collaborations between their universities.
The two countries are keen to cooperate in the field of technology and artificial technology (AI) applications and exchange expertise in the space sector
Cooperation in Employment and Localisation
They have agreed to exchange expertise in the field of employment and localisation according to their domestic laws and implement joint programmes in this area.
In light of their keenness to advance the tourism sector, their relevant authorities will exchange expertise in tourism marketing by establishing joint projects, including in the aviation and hospitality sectors.
Their public and private sectors will enlarge the scope of their partnerships to develop their tourism sectors and provide the best joint services.
Cooperation in the Environment and Climate Change
The two countries will continue their efforts to achieve carbon neutrality through various programmes and initiatives and advanced projects.
Health Sector Cooperation
In light of the coronavirus (COVID-19) pandemic, the UAE and Bahrain have stressed their commitment to encouraging international cooperation to address the pandemic by exchanging best practices, reinforcing scientific cooperation and providing urgent medical supplies.
The two countries are committed to strengthening their health and medical cooperation, reinforcing the relations between relevant authorities, universities and medical colleges, cooperating in health programmes, and supporting joint medical research and development.