Page 281 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/29/24, 2:18 PM UAE promotes open, inclusive trade at G20 Trade, Investment Ministerial Meeting in Brazil – Emirates News

UAE promotes open, inclusive trade

at G20 Trade, Investment Ministerial

Meeting in Brazil

4 days ago 3 minutes read

BRASILIA: 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 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.

https://dailyemiratesnews.com/uae-promotes-open-inclusive-trade-at-g20-trade-investment-ministerial-meeting-in-brazil/ 1/3