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10/29/24, 2:19 PM UAE promotes open, inclusive trade at G20 Trade, Investment Ministerial Meeting in Brazil - www.lokmattimes.com
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. He

said, "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."

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