Page 279 - MOE ENGLISH PR REPORT - OCTOBER 2024

UAE promotes open inclusive trade at G20 in Brazil

October 25, 2024 / 9:03 PM

Sharjah24 - WAM: Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade,
reasserted the UAE’s commitment to open, rules-based trade during the G20 Trade and Investment
Ministerial Meeting (TIMM) in Brazil, and again made the case that WTO reform can advance the
cause of multilateralism and ensure equitable access for all nations to global supply chains. The
UAE was participating as an invited guest of Brazil during its G20 Presidency, reflecting the UAE’s
growing influence on the global economy, particularly on trade issues.

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

https://sharjah24.ae/en/Articles/2024/10/25/UAE-promotes-open-inclusive-trade-at-G20-in-Brazil