Page 274 - MOE ENGLISH PR REPORT - OCTOBER 2024

Emirates to Brazil.

In his ministerial interventions, Al Zeyoudi stated that the decisions taken during the 13th
Ministerial Conference of the World Trade Organization (MC13) in February 2024, which culminated
in the Abu Dhabi Declaration, represented an important step forward in key areas such as dispute
resolution and must now be implemented. He called on the G20 to reaffirm its commitment to
open, rules-based trade as a driver of growth and prosperity and to push back against
protectionism, which will not only stifle global growth but hinder progress towards achieving the
United Nations’ Sustainable Development Goals.

Al Zeyoudi also encouraged G20 members to leverage technology to promote greener, more
efficient trade practices, which can make an important contribution to the challenges of both
climate change and supply-chain disruption. He welcomed the publication of the “G20
Compendium of Best Practices to Increase Women’s Participation in International Trade,” noting
that women-run SMEs are central to the economies of emerging markets and need equitable
access to international markets.

Al Zeyoudi said the Ministerial Meeting was an opportunity for the UAE to advocate for trade as a
vital bridge between nations and a driver of productivity and innovation, “The G20 Trade and
Investment Ministerial Meeting is an important platform for addressing the issues impacting global
trade, and for shaping the solutions that will ensure every nation is able to access and benefit from
supply chains. The UAE will continue to use such meetings to champion multilateralism and align
with our partners across the world to ensure trade remains able to deliver long-term, sustainable
growth for every nation. We all agree on the need for key reforms to the WTO and strengthening
issues such as dispute resolution. What we need now is a coordinated action plan to turn
proclamations into policies and programs at regional and international levels.”

Meetings

During his visit to Brasilia, he held a bilateral meeting with Gan Kim Yong, Deputy Prime Minister
and Minister for Trade and Industry for Singapore, in addition to a number of nations who are part of
the UAE’s Comprehensive Economic Partnership Agreement program. These included talks with
Todd McClay, Minister of Trade for New Zealand, Inkyo Cheong, Minister of Trade for the Republic of
South Korea, Shri Jitin Prasada, Honorable Minister of State, Commerce and Industry of India,
George Mina, Deputy Secretary in the Department of Foreign Affairs and Trade for Australia.

He also met Márcio Elias Rosa, Deputy Minister of the Ministry of Development, Industry,
Commerce and Services of Brazil, and other G20 member blocs, including Valdis Dombrovskis,
Executive Vice-President and Trade Commissioner for the EU, and several of its member nations,
including Diana Elena Mondino, Minister of Foreign Affairs, International Trade and Worship for
Argentina; Jonathan Reynolds, Secretary of State for Business and Trade for the United Kingdom;
Helene Budliger, State Secretariat for Economic Affairs (SECO) for Switzerland; and Wang
Shouwen, China International Trade Representative and Vice Minister of Commerce.

https://en.aletihad.ae/news/business/4524687/uae-promotes-open--inclusive-trade-at-g20-trade-
-investment