Page 341 - MOE ENGLISH PR REPORT - JANUARY 2025

In his speech at another session that took place on the sidelines of the Forum, Bin Touq discussed
the growth of the circular economy. He underlined the significance of incorporating innovation and
cutting-edge technologies into various sectors and activities of the circular economy, such as
sustainable manufacturing, smart transportation, and clean energy.

Additionally, bin Touq stressed the importance of developing a secure and effective cross-border
business environment that enables seamless processes for business owners, exporters,
companies of logistics services, ports, and other relevant entities.

The Minister of Economy reaffirmed the UAE's commitment to advancing sustainable practices
locally, regionally, and globally. The country aims to set an example for achieving a balance
between environmental management and economic growth.

As the host of the 28th session of the Conference of Parties (COP28), the UAE had gained
international recognition for its impactful and effective role in promoting global initiatives that
support sustainable development and find solutions to address climate change.
The Conference also served as a significant platform to leverage the UAE's robust economic
ecosystem, which offers competitive advantages in sectors of sustainability, clean energy, green
finance, climate change, and circular economy.

https://www.wam.ae/en/article/bhu277s-minister-economy-highlights-investment-potential