France and the United Arab Emirates have signed an agreement

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The governments of France and the United Arab Emirates signed a strategic agreement on cooperation in the energy sector on Monday, the French government said, according to Reuters.

The partnership aims to identify joint investment projects in France, the United Arab Emirates or elsewhere in the hydrogen, renewable energy and nuclear sectors, the French government said in a statement.

“In the current uncertain energy context, this agreement will pave the way for a stable framework for long-term cooperation, providing opportunities for new industrial contracts.”

he added.

The agreement coincides with the visit to Paris of the President of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, between July 17 and 19, his first state visit abroad since taking over the presidency from his stepbrother in May.