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The United Arab Emirates is developing alternative routes for energy exports and trade to reduce its vulnerability to the war with Iran. Presidential adviser Anwar Gargash says Abu Dhabi is expanding ports, pipelines, railways and trade corridors along its eastern coast.

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00:00Welcome back. The United Arab Emirates is building alternative routes for energy exports and trade to avoid being held hostage
00:08by the war with Iran.
00:10UAE Presidential Advisor Anwar Gargash says Abu Dhabi is expanding port capacity, pipelines, railways and trade corridors along its eastern
00:20coast.
00:21Dealing with Iran remains a central issue, not only for the UAE but for all the Gulf countries.
00:30Iran remains our neighbor, and at some point we will have to find a way to restore what can be
00:37restored.
00:38Geography leaves us no alternative to engagement.
00:43But we must distinguish clearly between rebuilding a necessary and functional relationship with Iran and rebuilding the trust that has
00:56been broken.
00:56The first is necessary, the second will be far more difficult.
01:01The war has disrupted the oil-rich Gulf states with Iran firing missiles at the UAE and attacking oil tankers
01:09in the Strait of Hormuz.
01:10The UAE, which has served as an important economic lifeline for Iran, suspended financial and economic transactions with Tehran in
01:18August, citing military escalation and missile threats.
01:22The UAE, which has served as an international relationship with Iran and the U.S., the U.S., the U
01:23.S.
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