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UAE has pledged to contribute $1.4 million to the international Counter-Piracy Trust Fund, which is financial instrument to implement projects linked to the struggle against maritime piracy.
In the run-up to the public-private international counter-piracy conference to be held here, UAE’s Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has announced the significant contribution.
The two-day conference, which will begin today, is being jointly organised by UAE’s foreign ministry and global marine terminal operator DP World.
Delivering an example of the sort of public-private partnerships, the conference is aiming to develop, the UAE government and UAE-based maritime and related industry will offer $1.4 million.
The donations will be given during the international fundraiser event co-chaired by the UAE and the United Nations on Tuesday during the conference, said a statement released by UAE’s official news agency WAM.
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