Page 241 - MOE ENGLISH PR REPORT - JULY 2024

Al Zeyoudi joins BRICS trade ministers to boost cooperation

July 26, 2024 / 7:42 PM

Sharjah 24 – WAM: During the 14th BRICS Trade Ministers Meeting, attended by Dr. Thani bin Ahmed
Al Zeyoudi, Minister of State for Foreign Trade, the UAE renewed the call for enhanced trade
cooperation among member nations and firm opposition to stimulate the flow goods and services
around the world.

It is the first time the UAE has participated in a BRICS Trade Ministers Meeting since its joining the
group in August 2023.

Dr. Al Zeyoudi signed a Joint Communique with the participating ministers to reaffirm the
commitment to comprehensive cooperation among member countries in several key areas of
common interest, including strengthening their cooperation in the multilateral trading system,
supporting Joint value chains; facilitating agricultural trade; promoting special economic zones as
engines of cooperation, fostering e-commerce while protecting consumer rights; supporting
MSMEs through technology and export cooperation.

The communique underscored BRICS’ commitment to multilateralism and collaboration in
addressing global trade challenges.

The ministers, who represented Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and
the UAE, also agreed to establish an informal consultative framework to advance a global dialogue
on the WTO and WTO-related issues.

The ministers affirmed the importance of the integration of digital technologies in global trade and

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