Page 317 - 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 …
His Excellency added: ‘The UAE is strategically positioned as a global

trade leader, adopting a neutral stance that balances trade and diplomacy

while strengthening its global partnerships through comprehensive
economic partnership agreements (CEPAs).’

Participants in the Ministerial Meeting affirmed the emergence of a new

model for global trade driven by the transformation of global supply chains

and the digitization of commerce. They noted that global conflicts, crises,

trade disruptions, and protectionist trade policies are imposing new

challenges on trade flows and economic growth internationally. However,
they also highlighted that rapid technological advancements and global

sustainable development efforts are creating new opportunities for

countries and industries.

A Global Platform

H.E. Dr. Mohammed Al Zarooni, Chairman of the World Free Zones

Organization, said: "The success of the 10th edition of the organization's

World Congress reaffirmed the visionary leadership of His Highness Sheikh

Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the
UAE, and Ruler of Dubai, who witnessed the founding of the organization a

decade ago. Today, it serves as a global platform that elevates the

performance of free zones and their strategic contribution to global

economic growth, bringing together an integrated system that supports

one-third of global trade passing through these zones across various
regions."

Al Zarooni added: "This year's edition not only marks a decade since the
organization's founding but also looks toward the future by shedding light

on trends and developments. We aim to strengthen the role of free zones

worldwide in various sectors and industries while increasing the volume

and smooth flow of trade and investment opportunities. Our goal is to keep

free zones at the heart of the comprehensive transformation toward the

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