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World News | UAE Leads Global Trade Regulators

Roundtable as Part of TradeTech Initiative

Get latest articles and stories on World at LatestLY. The UAE, in partnership with the World
Economic Forum, hosted the inaugural Virtual Global Trade Regulators Roundtable, led by Minister
of State for Foreign Trade Thani bin Ahmed Al Zeyoudi. The event brought together trade regulators
to discuss technological innovations and regulatory frameworks to advance global trade.

Agency News ANI| Oct 29, 2024 10:52 PM IST

Minister Thani bin Ahmed Al Zeyoudi leads the UAE-WEF roundtable. (Photo: WAM)

Abu Dhabi [UAE], October 29 (ANI/WAM): 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
collaboration among regulators, we are setting the stage for a new era in global trade - one that is
efficient, resilient, and inclusive. Our partnership with the World Economic Forum underscores our

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