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10/29/24, 2:18 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.

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."

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

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