Anwar Gargash, foreign policy adviser to UAE President Mohamed bin Zayed Al Nahyan, said rebuilding trust between the two sides could take decades, stressing that relations with Iran are of fundamental importance to the Gulf region.
Gargash made the assessment during a session titled “Conflict in the Gulf, the consequences of conflict and policy change” at the annual Hili Forum in the UAE.
Call for a road map on Iran’s nuclear program
Gargash said dialogue with Iran should not be limited to short-term problems and called for long-term strategic issues to be discussed. The UAE adviser argued that a clear, long-term road map should be prepared concerning Iran’s nuclear program.
Gargash said functional relations with Iran could be established, but stressed that regaining the trust of neighboring countries was a separate issue. He said rebuilding that trust after what he described as Iran’s “aggressive actions” could take decades.
Focus on maritime transport in the Strait of Hormuz
Gargash said freedom of international maritime transport must not be compromised. He said it was unacceptable for oil tankers and other vessels in the Strait of Hormuz to remain under constant threat, and argued that the strait, a global transportation corridor, should not be placed under the sole control of any one country.
Gargash said the UAE had developed alternative routes to reduce the dependence of its energy exports on developments in the region. He added that, alongside pipelines, railways and trade routes, port capacity on the country’s eastern coast had also been expanded.
Call to reduce tensions
Gargash stressed the need to reduce tensions in the region and called for states’ sovereignty to be respected and for noninterference in their internal affairs. He said decisions concerning war and peace could not be left to the initiative of armed groups.
Iranian authorities said trade between Iran and the UAE reached approximately $27 billion in 2024. The same statements said the goal was to increase trade to $30 billion.
UAE suspends commercial activities
The UAE government announced that it had suspended all commercial activities and financial transactions with Tehran until further notice on August 18, following two missiles launched from Iranian territory, according to its own statement.