Page 323 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

9/29/24, 12:12 PM World FZO's 10th annual World Congress concludes in Dubai
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.

Dr. Mohammed Al Zarooni, Chairman of the World Free Zones Organisation, 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 and Prime Minister of the UAE, and Ruler of Dubai, who

witnessed the founding of the organisation 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 economy of the future, anchored by the

organization's new corporate identity, which was launched during the congress. This

identity focuses on three key strategic pillars, which aim to achieve sustainable

development: Impact, Influence, and Trust."

The sessions and workshops focused on the future of the organisation, the free

economic zones sector, and key industries over the next decade. The discussions

emphasized the importance of actively contributing to achieving inclusive growth

and prosperity at the global economic level, while continuing to build and

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