Page 763 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/16/24, 9:33 AM Thani Al Zeyoudi underscores AI's transformative power during TradeTech knowledge-sharing session
improving trade forecasting, and how companies can bridge emerging skills gaps in

their workforces.

The featured speakers included Tim Stekkinger, Head of TradeTech Initiative at the

World Economic Forum, Prof. Marek Kowalkiewicz, Founding Director of the

Centre for the Digital Economy at Queensland University of Technology, Wolfgang

Lehmacher, an international expert in supply chain and logistics, and Philippe Isler,

Director of the Global Alliance for Trade Facilitation.

Tim Stekkinger, Head of the TradeTech Global Initiative at the World Economic

Forum, stated, "Artificial intelligence is not merely a tool for tackling trade's

traditional challenges-it's a catalyst for reimagining trade as we know it. Through

robust public-private partnerships and collaboration across the entire trade

ecosystem-from producers to policymakers, logistics providers to consumers-we

can harness AI's full potential to create a more efficient, sustainable, and inclusive

global trade landscape that drives shared prosperity for all."

The TradeTech Initiative was launched by the Ministry of Economy in collaboration

with the World Economic Forum and the Abu Dhabi Department of Economic

Development at Davos in January 2023, with the goal of inspiring the integration of

advanced technologies throughout global supply chains. The first year of the

initiative resulted in the first TradeTech Report and the inaugural TradeTech Forum

in Abu Dhabi, which coincided with the 13th Ministerial Conference of the WTO.

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