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10/29/24, 2:18 PM UAE advocates open, inclusive trade at G20 TIMM

UAE advocates open, inclusive trade at G20 TIMM

ABU DHABI Fri, 25 Oct 2024

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Dr Thani bin Ahmed Al Zeyoudi at G20 TIMM

The UAE has reasserted its commitment to open, rules-based trade during the G20 Trade and Investment Ministerial Meeting
(TIMM) in Brazil.

Participating in TIMM, Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said WTO reform can advance
the cause of multilateralism and ensure equitable access for all nations to global supply chains.

The UAE was an invited guest of Brazil during its G20 Presidency, reflecting the UAE’s growing influence on the global
economy, particularly on trade issues.

WTO reform
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 UAE to Brazil.

Intervening in the discussions, 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.

Rules-based trade
He called on 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’

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