Page 174 - MOE ENGLISH PR REPORT - FEBRUARY 2024

3/5/24, 10:16 AM Ministry of Economy, Crescent Enterprises launch report on Future of Trade 2050 at WTO’s MC13 in Abu Dhabi | Emirates News A…
international community to address the various

challenges that confront us and realise the many

opportunities that are within our grasp. I remain

optimistic that by working together, we can create a

more prosperous and sustainable future – in which

trade is able to flourish anew, and nobody is left

behind.”

This report serves as a crucial discussion document on

the forces anticipated to impact the trading system over

the next 25 years. It emphasises the evolving

relationship between trade, geopolitics, and global

commerce, which is significantly influenced by

overarching megatrends such as rapid technological

advancements.

The report highlights the rising prominence of emerging

economies, the transformational role of technology, the

rapid growth of service trade, and the importance of

sustainability in global trade. The purpose of this report

is to prompt relevant stakeholders to take the needed

and timely collective actions to anticipate potential risks,

be prepared for future challenges, and capitalise on

available opportunities.

https://wam.ae/en/article/b1w4c51-ministry-economy-crescent-enterprises-launch 4/6