Page 316 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

9/29/24, 12:12 PM PRESSR: World FZO’s 10th Annual World Congress concludes in Dubai with 2000 attendees from 136 countries — TradingView …
This year’s congress coincided with the World 10th anniversary of the

organization's founding, witnessed by His Highness Sheikh Mohammed bin

Rashid Al Maktoum in Dubai, where the organization's headquarters is
located. The organization has played a pivotal role in setting global

standards and contributing to efforts aimed at achieving sustainable

development worldwide. Over the past decade, it has successfully

expanded its membership base from 14 founding members to a thriving

global community of 1,600 members from 141 countries, supported by a
global network of 12 regional offices and 42 national contact points.

Future of Key Sectors

The congress opened with a ‘Ministerial Meeting’ attended by H.E. Dr.

Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, along with

a Prime Minister, 24 ministers, deputy ministers, and secretaries-general.

The meeting discussed the future role of artificial intelligence and

emerging technologies in global trade, focusing on five key areas: how to
harness emerging opportunities and address challenges through

international cooperation, maximizing the potential benefits of AI and new

technologies while minimizing risks, enhancing trade and AI integration to

drive sustainable global development, stimulating trade and investment,

and tackling supply chain challenges through free zones, while shaping

safer, more resilient supply chains through modern economic zones.

In his speech during the Ministerial Meeting, H.E. Dr. Thani bin Ahmed Al
Zeyoudi, Minister of State for Foreign Trade, said: ‘We are at the cusp of a

new global trade paradigm, marked by both challenges and opportunities

as global supply chains undergo transformation alongside the rapid

digitalization of trade. Technology, meanwhile, is transcending boundaries

and reshaping global trade, with artificial intelligence (AI) and blockchain
improving the resilience of supply chains. Amid these shifts, technology

emerges as a transformative force, capable of transcending regional

boundaries and revolutionizing global trade.’

https://www.tradingview.com/news/reuters.com,2024-09-25:newsml_Zaw3jSS2W:0-pressr-world-fzo-s-10th-annual-world-congress-concludes-in-dubai… 2/6