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10/29/24, 2:17 PM UAE promotes open, inclusive trade at G20 Trade, Investment Ministerial Meeting in Brazil
During the meeting, which will shape the outcomes of the G20 Leaders’ Summit in November 2024, Al
Zeyoudi addressed two key sessions regarding the global trading system: the first on WTO reform and
the need to strengthen the multilateral trading system; the second on trade’s role in sustainable
development and investment. The UAE delegation included Juma Al Kait, Assistant Undersecretary for
International Trade Affairs at the Ministry of Economy, who led the UAE’s participation in the fourth and
final G20 Trade and Investment Working Group meeting, and Saleh Ahmad AlSuwaidi, Ambassador of
the United Arab 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.
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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
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