UAE Economy Minister on Joining BRICS, US Relations, GDP Growth

The UAE has been invited to join the BRICS group, which is seen as a significant step for the country's economic growth and global trade relations. The UAE aims to leverage this membership to enhance its multilateralism and trade, particularly with China and India. The discussion also touches on the UAE's strong trade ties with the US and its ambitions for a 7% economic growth rate. The UAE is exploring currency dynamics within BRICS and aims to increase its role in the BRICS Development Bank. The country is focusing on population growth, golden visas, and increased competition to achieve its economic goals.

What is the UAE's perspective on joining the BRICS group?

• It is a step towards isolation.

• It is a move to enhance global cooperation.

• It is a strategy to reduce trade.

• It is a way to focus solely on the Middle East.

How does the UAE plan to leverage its BRICS membership?

• By decreasing its GDP growth target.

• By isolating itself from global markets.

• By focusing on multilateralism and global trade.

• By reducing trade with China and India.

What is the UAE's stance on its relationship with Western countries after joining BRICS?

• It is pivoting away from the West.

• It is reducing trade with the US.

• It is maintaining strong ties with the West.

• It is focusing only on BRICS countries.

What is the UAE's target for economic growth?

• 10% growth this year.

• 7% growth this year.

• 3% growth this year.

• 5% growth this year.

What initiative has the UAE introduced to boost population growth?

• Reducing immigration.

• Introducing golden visas.

• Increasing taxes.

• Limiting foreign investments.

What is the UAE's approach to non-oil trade?

• Focusing on oil trade only.

• Expanding non-oil trade globally.

• Limiting trade to BRICS countries.

• Reducing non-oil trade.

What is the UAE's strategy for increasing competition in its markets?

• Limiting foreign competition.

• Focusing on a single market.

• Increasing competition through policies.

• Reducing market competition.