Page 469 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat
P. 469
5/30/25, 8:53 AM UAE Delegation Attends 15th BRICS Trade Ministers Meeting in Brazil - Middle East Business News and Information - mid-east.info
The member states exchanged views on pressing global trade developments and reaffirmed
their strong support for a fair and rules-based multilateral trading system. The meeting
concluded with the endorsement of several key documents aimed at deepening economic
cooperation and enhancing BRICS’ role in global trade governance. Together, these outcomes
reflect a unified commitment to enhancing the bloc’s work to promote closer trade relations
and economic prosperity.
The meeting also provided the UAE with the opportunity to shed light on the robust bilateral
relationship with Brazil, a founding member of BRICS, focusing on the success of various joint
initiatives that have further expanded the UAE’s relations with its largest trading and
investment partner in South America. With non-oil bilateral trade between the UAE and Brazil
reaching US$5.4 billion in 2024 – a notable 23% increase from the previous year – the two
nations are poised to enhance their collaboration across various sectors, including energy,
infrastructure, and technology.
H.E. Al Kait said the BRICS trade partnership ensure that we can successfully work together to
find solutions and is a clear demonstration of the importance of global trade multilateralism,
adding that “The UAE is dedicated to fostering trade and economic collaboration among BRICS
and internationally. We view our role as a bridge between East and West and the Global South,
facilitating dialogue and partnerships that drive sustainable economic development and
growth.”
The UAE’s strategic engagement with BRICS reflects its broader commitment to global
economic cooperation and diplomacy. By actively participating in the dialogue, the UAE is
reinforcing its position as a key economic and diplomatic leader, championing inclusive
development and addressing the challenges of a rapidly changing world. As the UAE continues
to strengthen its partnerships within BRICS, it remains focused on advancing joint initiatives
that align with the bloc’s shared vision of fostering global economic inclusivity and resilience.
https://mid-east.info/uae-delegation-attends-15th-brics-trade-ministers-meeting-in-brazil/ 2/3

