The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the United States Chamber of Commerce to enhance investment flows, exchange expertise, and strengthen communication between the business communities of Abu Dhabi and the United States. The move therefore formalises efforts to deepen private-sector collaboration between the two markets.
The agreement comes amid robust economic ties between the United Arab Emirates and the United States, one of the UAE’s largest global trading partners. Moreover, non-oil trade between the two countries has expanded steadily in recent years, supported by cooperation across technology, energy, advanced industries, financial services, and healthcare.
According to the Federal Competitiveness and Statistics Centre, bilateral non-oil merchandise trade reached AED111.0 billion (US$30.2 billion) in the first nine months of 2025. This represents a 10.2 percent year-on-year increase from AED100.7 billion (US$27.4 billion) during the same period in 2024. As a result, trade momentum underscores sustained economic engagement between both countries.
Expanding Investment and Private Sector Cooperation
The UAE hosts thousands of US companies across diverse sectors. At the same time, mutual investments continue to grow, reflecting confidence in the business climate and long-term opportunities in both markets.
Therefore, the agreement seeks to build on this foundation by establishing an institutional platform to support joint investments and expand private-sector cooperation. Additionally, it aims to broaden collaboration in trade and investment, knowledge transfer, economic events, and trade delegation exchanges.
The framework will also provide a joint platform to assist companies seeking expansion into new markets. Consequently, it supports sustainable economic partnerships and facilitates structured engagement between both business communities.
Leadership Commentary
The agreement was signed by Ali Mohamed Al Marzooqi, Director-General of the Abu Dhabi Chamber of Commerce and Industry, and Steve Lutes, Vice President for Middle East Affairs at the US Chamber of Commerce. The signing took place in the presence of representatives from both sides, thereby reflecting the strength of expanding economic ties.
Commenting on the agreement, Ali Al Marzooqi said, “The signing of this agreement marks a new milestone in strengthening economic relations with the United States. It reflects the Abu Dhabi Chamber’s ongoing efforts to expand international partnerships, support the global expansion of the private sector, and open new avenues for economic and investment cooperation. The United States is a strategic economic partner for the UAE, and we are confident this partnership will create broader opportunities for Abu Dhabi companies to benefit from investment and trade prospects, while enhancing knowledge exchange and supporting global competitiveness.
For his part, Steve Lutes said, “This agreement reflects the US Chamber of Commerce’s commitment to strengthening cooperation with our partners in Abu Dhabi and the UAE. We look forward to supporting both American and Emirati companies in exploring new opportunities across investment, technology, and trade, and to strengthening ties between the two business communities in support of sustainable economic growth.”
