Page 259 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/29/24, 2:36 PM UAE building productive relations with G20 member nations
the UAE and leading multinational companies and to underline UAE's role as a global

trade and investment hub that can provide an unrivalled gateway to markets across
the globe.

The forum included discussions on potential areas of collaboration to expand
trade and investment opportunities, including renewable energy, technology, and
food security.

Representatives of UAE companies then held meetings with their G20
counterparts in which they explored new trade avenues and investment
opportunities that align with the UAE's long-term goals for sustainable
development.

Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, led

the UAE delegation to the B20 Summit, a gathering of approximately 1,000 high-
level business representations from the G20 member nations, in Sao
Paulo, Brazil.

The summit took place on October 24-25 under the theme "Inclusive Growth for a
Sustainable Future", the summit provided a platform for the private sector to engage

in discussions on sustainable business practices, the efficiency of global trade, and

the importance of inclusivity, particularly in terms of women-owned businesses. The

recommendations by participants at the B20 Summit will be presented to G20 leaders
during their summit in Rio de Janeiro in November.

The UAE participated in the B20 Summit as an invited guest of Brazil during its

presidency of the G20, which is a reflection of the UAE's growing influence in global

trade and investment.

The UAE delegation included Saleh Ahmad AlSuwaidi, Ambassador of the United

Arab Emirates to Brazil, Abdalla Shaheen, the Consulate General of the UAE in Sao

Paulo, and Juma Mohammed Al Kait, Assistant Undersecretary for International Trade
Affairs at the Ministry of Economy, alongside 30 senior government officials and

business leaders from various economic sectors underlining the UAE's commitment

to fostering international cooperation and driving sustainable economic growth.

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