The United Arab Emirates (UAE), are willing to reduce the dependence of its GDP (Gross Domestic Product) in oil production. Own the seventh largest oil reserve in the world, the country plans to invest more in industries such as petrochemical and space. Information is the Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed bin Sultan Al Nahyan.
According to the newspaper Valor Econômico, the country's intention to is to make the share of GDP from non-oil sectors to reach 64% by 2030, while linked to oil and exports of the product is 36%, other 49% today. In addition, the current situation of the oil caused the Arabs to begin to be more interested in renewable energy.
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