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3/28/25, 2:42 PM UAE Participates In G20 Trade And Investment Working Group Meeting - UrduPoint
The UAE delegation was headed by Juma Al Kait, Assistant Under-Secretary for
International Trade Affairs at the Ministry of Economy, and included
representatives of the Ministry of the Economy and the Ministry of Investment.
In his remarks to the working group, Juma Al Kait said the UAE trade agenda is
closely aligned with the priorities of South Africa’s presidency, in particular the
structural transformation of the African continent and the development of African
Continental Free Trade Area.
The UAE, he said, has now concluded Comprehensive Economic Partnership
Agreements with five African nations – Kenya, Central African Republic, Congo-
Brazzaville, Morocco and Mauritius – and has opened discussions with many more
to expand the benefits of free trade and boost investment in key sectors.
Al Kait also underlined the UAE’s investment into regional value chains, citing
the UAE’s Africa Economic Corridor Strategy, which aims to increase trade by
supporting the development of new logistics hubs across Sub-Saharan Africa, and
the contribution of Abu Dhabi Ports and DP World to the development of integrated
logistics solutions for African businesses.
This is in addition to the UAE’s support for green industrialisation, which is another
core focus of South Africa’s G20 presidency. He noted the UAE’s significant
investments in renewable energy ventures, with commitments of more than
US$16.8 billion across 70 countries, the majority of them in the developing world.
In the final session, the UAE highlighted the importance of ensuring the WTO is
able to fulfil its mandate as the custodian of the global trading system, especially in
its ability to address economic asymmetries.
He noted the unprecedented progress made on the areas of agriculture and
fisheries at the 13th Ministerial Conference (MC13) of the WTO, which was held
in Abu Dhabi in February, 2024, and expressed hope that consensus could be
found at MC14 in Cameroon next year.
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