LOC23:28
20:28 GMT
ABU DHABI, April 14 (KUNA) -- The United Arab Emirates said on Monday that an agreement on the use of nuclear energy for peaceful means signed with Australia in 2012 has come into force.
The announcement was made in an official statement published on state news agency, WAM, which mentioned that the decision for the move was made during a meeting between Foreign Minister Sheikh Abdullah bin Zayed Al-Nahyan and Australia's visiting Minister of Trade and Investment Andrew Robb.
The Emirati foreign minister said that enacting the agreement will "provide broader opportunities for cooperation between state institutions and businesses operating in the nuclear energy field."
It also reflects the warm relations between the two, and "comes in line with the UAE's policies aimed at developing its peaceful nuclear energy programme with committed nations of experience in the field."
The UAE looks to cooperate with Australia on the field, and this, he said, reflects the increasing warm relations between the two which have witnessed growth in bi-trade and investment cooperation.
According to the report, the discussions also touched upon enhancing existing economic and trade ties, and encouraging joint investments.
Sheikh Abdullah went on to stress the importance of exchanged visits in supporting bilateral cooperation and assessing the levels development and growth in each of the two countries.
He also ensured the UAE's commitment to building bridges of cooperation and encouraging closer ties with Australia - through supporting all means necessary to increase joint investments and diversify cooperative fields in the service of mutual interests.
The Australian minister, for his part, commended the level of cooperation between the two sides, emphasising the need to further these ties.
He also noted to the high reputation the UAE has managed to make for itself on the international scene, through providing a lucrative location for international businesses. (end)
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