1 day ago
DUBAI, Sept 7 (Reuters) - The United Arab Emirates is building alternative routes for its energy exports and trade to ensure they are not "held hostage" by the ongoing war between the U.S. and Iran, UAE presidential adviser Anwar Gargash said on Monday.
The conflict has had a significant impact on Gulf Arab states, including the UAE, after Tehran fired missiles at the country and attacked its oil tankers in the Strait of Hormuz.
"Our energy exports will not be held hostage, nor will our trade and economic activity," Gargash told the Hili Forum in Abu Dhabi.
The UAE has been expanding port capacity along its eastern coast, as well as developing pipelines, railways and trade routes for alternative corridors, he said.
While acknowledging that relations with Iran could eventually recover, Gargash warned that rebuilding trust after the attacks could take decades.
#gargash #arab #energy #hostage
The conflict has had a significant impact on Gulf Arab states, including the UAE, after Tehran fired missiles at the country and attacked its oil tankers in the Strait of Hormuz.
"Our energy exports will not be held hostage, nor will our trade and economic activity," Gargash told the Hili Forum in Abu Dhabi.
The UAE has been expanding port capacity along its eastern coast, as well as developing pipelines, railways and trade routes for alternative corridors, he said.
While acknowledging that relations with Iran could eventually recover, Gargash warned that rebuilding trust after the attacks could take decades.
#gargash #arab #energy #hostage
