Page 144 - MOE ENGLISH PR REPORT - OCTOBER 2024

UAE leads Global Trade Regulators Roundtable as

part of TradeTech Initiative

• Tuesday, October 29, 2024 8:49 PM
• 2 minutes Reading

ABU DHABI, 29th October, 2024 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for
Foreign Trade, led the inaugural Virtual Global Trade Regulators Roundtable as part of the joint UAE-
World Economic Forum (WEF) TradeTech Initiative. The event, organised by the UAE Ministry of
Economy, convened trade regulators from major global economies to explore and discuss
regulatory frameworks required to oversee the accelerating adoption of advanced technologies in
global trade.

The roundtable offered an interactive platform for trade officials and regulatory leaders to engage in
critical discussions on the evolving role and potential of technology, focusing on areas such as
regulatory innovations for cross-border digital trade, public-private partnerships to address
cybersecurity challenges, and leveraging regulatory sandboxes to pilot emerging trade
technologies. Participants discussed overcoming barriers to digital trade, balancing innovation with
consumer protection, and ensuring that regulations remain robust and adaptable.

In his remarks to the roundtable, Al Zeyoudi highlighted the UAE’s commitment to advancing trade
through technology and innovation, stating, “The TradeTech Global Initiative is a key pillar of the
UAE’s vision for a streamlined, technology-enabled global trade ecosystem. By fostering

https://www.wam.ae/en/article/b5xe3uq-uae-leads-global-trade-regulators-roundtable-part