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UAE Minister of State for Financial Affairs Strengthens Global Financial Ties at World Bank and IMF Meetings in Washington

Editorial Staff by Editorial Staff
April 16, 2026
in TRADE
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UAE Minister of State for Financial Affairs Holds Bilateral Meetings with Global Financial Leaders in Washington, D.C.

WASHINGTON, 16th April, 2026 — Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, has held a series of high-level bilateral meetings with finance ministers and senior international officials on the sidelines of the Annual Meetings of the World Bank Group and the International Monetary Fund. Al Hussaini is heading the UAE delegation for these significant global discussions.

The sessions in the US capital included counterparts from countries such as the United States, France, the United Kingdom, Canada, Argentina, Switzerland, and Norway. The meetings focused on expanding avenues for financial cooperation and examining key issues related to fiscal and taxation policies of mutual interest.

During the meeting with Scott Bessent, US Secretary of the Treasury, Al Hussaini, accompanied by Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), discussed prospects to deepen strategic cooperation between the two nations across the financial and economic sectors. Al Hussaini commended the United States’ leadership of the G20’s finance track this year and expressed the UAE’s appreciation for the invitation to participate as a guest country in these deliberations. He highlighted that this participation “reflects the depth of the bilateral partnership and the growing international recognition of the UAE’s expanding financial and economic role.” Al Hussaini further described the session as “an important platform to align perspectives on current financial priorities and to explore innovative solutions that support the stability of the regional financial system.”

In his bilateral meeting with Roland Lescure, France’s Minister for the Economy, Finance and Industrial and Digital Sovereignty, Al Hussaini discussed the robust financial partnership between the two countries, anchored by a solid set of governing agreements. Both sides explored pathways to further elevate cooperation and expand the exchange of expertise across critical financial sectors.

A meeting with Rachel Reeves, UK Chancellor of the Exchequer, concentrated on enhancing bilateral financial cooperation and reviewing the strategic partnership across areas of shared financial interest. Both parties underscored the significance of “sustained coordination and the exchange of views on global financial issues to support mutual interests and reinforce the strong ties between the UAE and the United Kingdom.”

In discussions with François-Philippe Champagne, Minister of Finance and National Revenue of Canada, Al Hussaini highlighted the necessity of aligning efforts to continually develop frameworks that serve the shared interests of both countries. The talks underlined the importance of strengthening bilateral channels of collaboration to underpin financial sustainability and broaden opportunities for sustained economic prosperity.

Al Hussaini’s engagement with Luis Caputo, Argentina’s Minister of Finance, spotlighted the positive trajectory in bilateral relations, particularly following the implementation of the Investment Promotion and Protection Agreement since November 2024. This agreement provides a solid foundation for a secure and sustainable investment environment. Both sides reaffirmed the value of the Double Taxation Avoidance Agreement, emphasizing its role in establishing clear tax frameworks and facilitating investment flows to drive joint economic growth and new avenues of collaboration between business sectors.

A meeting with Daniela Stoffel, State Secretary for International Finance of the Swiss Confederation, underlined the strength of the UAE-Swiss bilateral financial relationship, built on mutual trust and financial system integration. Both parties reaffirmed their commitment to deepening their ** financial cooperation agenda**, enhancing regulatory coordination and strengthening institutional linkages.

In discussions with Jens Stoltenberg, Minister of Finance of Norway, Al Hussaini focused on developing the shared legal and institutional frameworks that support financial partnerships and nurture a business-friendly environment. Both sides expressed their intent to bolster cooperation and exchange expertise across mutual financial interests, further reinforcing the tight bilateral ties between the UAE and Norway.

These high-level meetings are part of the UAE’s ongoing commitment to strengthening strategic linkages across global financial and economic centres. Through these intensive discussions, the UAE delegation is advancing innovative cooperation frameworks that play a central role in contributing to the stability of the global financial system.

Team V.4-EM-UAE

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The Editorial Team at TradeGulf.ae is committed to delivering insightful and engaging content on trade, investment, and economic developments across the Gulf region. Through expert interviews and in-depth analysis, we provide readers with the latest market trends, emerging opportunities, and key industry insights—always with professionalism and integrity.

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