New Jersey seeks to strengthen ties with Arabic Gulf Countries


The Economic Development agency Choose New Jersey Inc. announced an upcoming visit by New Jersey Governor Phil Murphy to several Gulf countries next April.

The agency, responsible for promoting and attracting investments to the state of New Jersey, said on its official website and its page on the specialized social networking platform LinkedIn that Murphy and a delegation from the American state will visit three Gulf countries: the Kingdom of Saudi Arabia, the United Arab Emirates, and the Kingdom of Bahrain, aiming to enhance economic, cultural, and academic cooperation between the state of New Jersey and the three Gulf countries.


You can access the post link by clicking here.


The US delegation seeks to strengthen international ties and strategic partnerships and create new job opportunities in New Jersey by attracting more Gulf investments in several sectors, including industry, technology, financial services, and life sciences. Relations between New Jersey and the Gulf states have evolved over the past 20 years, with the state signing several agreements and memoranda of understanding with the UAE, Qatar, and Bahrain, including a fintech MOU with the Kingdom of Bahrain in 2019 and a bilateral investment agreement with the UAE in 2021. The state also opened an office for its International Financial Center in the Dubai International Financial Center in 2021. As for the state's activities in the Kingdom of Saudi Arabia, the state sponsored a planning conference last year, which discussed several topics related to governance, family offices, and key future issues and trends.



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