Ecuador's President Daniel Noboa has announced the upcoming state visit of Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, scheduled for Sunday, March 1. This visit is seen as a significant step in strengthening the ties between Ecuador and the United Arab Emirates, with Noboa highlighting the potential for major agreements in trade and investment during the meeting. The visit is expected to facilitate the entry of Ecuadorian products into the Emirati market, marking an important development for Ecuador's economy.

During his remarks, President Noboa emphasized the financial support and technological systems that the UAE has previously provided to Ecuador, including an $8 million donation for system upgrades. These contributions have been key in modernizing Ecuador's technological capabilities, moving from basic spreadsheets to more advanced systems. Noboa expressed gratitude for these developments, reflecting on the importance of foreign investment in driving Ecuador's growth and modernization.

The president also mentioned that several investment funds based in Abu Dhabi and Qatar are showing interest in Ecuadorian projects, including a sovereign fund and one focused on artificial intelligence. This interest represents a significant opportunity for Ecuador, as it seeks to position itself alongside nations like Brazil and Colombia as a viable investment destination. Noboa's focus on attracting foreign investment underscores the country's current economic strategy and goals for international collaboration.