Page 175 - MOE ENGLISH PR REPORT - FEBRUARY 2024
P. 175

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…
                     The  report  discusses  not  only  how  the  methods  of


                     conducting  trade  will  transform,  but  also  how  the


                     commodities  being  traded  will  evolve.  It  highlights  the


                     necessity  for  adapting  to  emerging  technologies,


                     integrating  growing  economies  into  global  trade,


                     committing  to  sustainability,  supporting  SMEs,  and



                     acknowledging  the  significant  contribution  of  the


                     services  sector  to  the  global  economy.  The  report


                     advocates  for  collaboration,  innovation,  and  the


                     development  of  inclusive  regulatory  frameworks  to


                     ensure  a  resilient  and  sustainable  future  for  global


                     trade.


                     Commenting  on  the  future  of  trade,  Tim  Haas,  Group


                     Chief Operating Officer at Gulftainer, a leading operator


                     of  ports  and  terminals,  and  a  provider  of  customised


                     supply chain and logistics solutions said, “As part of the



                     global supply chain, it is essential for us to be forward-


                     looking and anticipate the forthcoming changes that will


                     impact the future of the industry in the coming decades.


                     "By proactively adapting to the potential challenges and


                     foreseeing opportunities in the global trade, we will be


                     able to better prepare our organisations and serve our




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