Page 92 - MOE ENGLISH PR REPORT - MARCH 2025
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3/28/25, 2:41 PM Supply-chain accessibility is key to economic growth, says UAE
The UAE delegation was headed by His Excellency Juma Al Kait, assistant undersecretary for
international trade affairs at the Ministry of Economy, and included representatives of the Ministry
of the Economy and the Ministry of Investment.
UAE supports African continent’s free trade efforts
In his remarks to the working group, 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 the 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. It
addition, it 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 industrialization, which is another core focus of
South Africa’s G20 presidency. Al Kait noted the UAE’s significant investments in renewable
energy ventures, with commitments of more than $16.8 billion across 70 countries, the majority of
them in the developing world.
Read: DP World launches deep-water port project in Congo
WTO’s role in addressing economic asymmetries
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