Page 153 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

UAE participates in second meeting of G20 Trade and Investment Working Group

• Monday, May 19, 2025 6:00 PM

• 2 minutes Reading
ABU DHABI,19th May, 2025 (WAM) -- The United Arab Emirates participated in the second meeting
of the G20 Trade and Investment Working Group (TIWG) in South Africa’s Western Cape, held
recently.

The UAE delegation, headed by Juma Al Kait, Assistant Undersecretary for International Trade
Affairs at the Ministry of Economy, reaffirmed the UAE’s commitment to open, rules-based trade
and highlighted its role as a means of delivering economic prosperity, sustainable development and
green growth during the three-day forum.

The Trade and Investment Working Group, held under South Africa’s presidency of the G20, brought
together more than 100 delegates from G20 member countries, invitee nations and international
organisations to discuss the issues central to global trade and investment. The frameworks
developed over the course of the forum will inform the G20 Leaders' Summit that takes place in
Johannesburg from 22 to 23 November 2025.

During the forum, Al Kait underscored the importance of inclusive trade agendas to deliver
economic resilience and job creation. He stated that the UAE’s foreign trade and investment
policies are driving growth, diversification and development in emerging markets, and supporting
regional integration in Africa.
He cited the US$800 million that Abu Dhabi Ports has announced for the development of ports and
other logistics in Africa and DP World’s network of dry ports that is facilitating supply-chain access
for landlocked countries. Al Kait also highlighted the UAE’s work in enhancing SME’s participation in
global trade, particularly through the nation’s Comprehensive Economic Partnership Agreement
programme.
Al Kait said, “The second meeting of the G20 Trade and Investment Working Group under South
Africa’s presidency was an important opportunity to find areas of general agreement on trade
issues and begin to resolve areas of discord. We are in a challenging moment for the global
economy as a whole and for the multilateral trading system in particular, so it is important for the
world’s principal economies to come together and chart a better course for both.
"Our discussions this week have underlined trade’s pivotal role in growth, diversification and
innovation, and its ability to empower a greener, more equitable future. To fully realise this, we must
work hand-in-hand to enhance the rules that govern global trade and agree on the frameworks to
enforce them – and this week has enabled us to take several steps towards that objective.”

The third Trade and Investment Working Group meeting is scheduled to take place from 29 to 31
July in Muldersdrift in the Gauteng Province of South Africa, north-west of Johannesburg.

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