Page 756 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/16/24, 9:32 AM HE Dr Thani Al Zeyoudi underscores the transformative power of AI in TradeTech knowledge-sharing session
HE Dr Thani Al Zeyoudi underscores the

transformative power of AI in TradeTech knowledge-

sharing session

The AI and Global Trade: Future of TradeTech session invited leading trade and technology experts to

discuss the role of artificial intelligence in trade modernization.
The Ministry of Economy launched the TradeTech initiative in partnership with the World Economic Forum
and the Abu Dhabi Department of Economic Development at the Annual Meeting in Davos in January 2023.
HE Dr Thani Al Zeyoudi: “In front of us is the opportunity to come together as policymakers, trade bodies,
logistics hubs and private businesses and reshape international commerce – from its digital infrastructure to

its regulatory frameworks.”

Abu Dhabi – October 2, 2024: His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade,
has outlined the importance of governments, businesses and international organizations working together to invest

in digital infrastructure, support innovation and integrate tools such as Artificial Intelligence (AI) to develop a
modern, resilient and future-proof global trading system. His Excellency made the remarks during a knowledge-
sharing session as part of the TradeTech Initiative, the three-year global project led by the World Economic Forum

(WEF), the UAE Ministry of Economy, and the Abu Dhabi Department of Economic Development (ADDED).

AI is the core theme of the TradeTech Initiative’s second year, reflecting its emerging influence on the logistics
sector. Titled “AI and Global Trade: Future of TradeTech”, the session gathered industry experts, technology
practitioners and thought leaders to offer their insights on where AI’s transformational potential can best be

harnessed – and where its impact on supply-chain efficiencies is already being felt. For instance, AI tools are
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