European-Gulf Emphasis on Energy Security

The European-Gulf statement emphasized the importance of energy security and diversifying energy sources to enhance economic stability and support sustainable development. It underscored the need to intensify cooperation between the two sides to ensure reliable and sustainable energy supplies, while strengthening infrastructure and consolidating partnerships in new technologies. It also highlighted the significance of maritime cooperation in protecting vital routes, especially in the Red Sea, given the Iranian threats to maritime passages. The statement called for enhanced coordination among naval alliances, improved cybersecurity, and increased counter-terrorism efforts. It pointed out the disruptions in maritime navigation and the essential development of economic connectivity networks and infrastructure, urging the resumption of free trade agreement negotiations to boost trade and investment relations between the parties. Furthermore, it condemned Iranian attacks on Gulf countries, affirming the necessity of diplomacy and dialogue to preserve regional security, with Iran committed to refraining from such assaults. Finally, the joint declaration stressed the development of the strategic partnership to include a parliamentary dimension, aimed at strengthening economic and cultural cooperation, linking energy security with maritime stability and supply chain resilience to achieve regional stability and sustainable growth.

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