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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 customers. The
future of trade 2050 paper is a reflection of the required collaboration amongst public and private
sectors to ensure a better trading environment for all.”

This report serves as a testament to the UAE’s efforts and position as a major gateway for global
trade and investment and its proactive role in shaping the discourse surrounding international and
inclusive trade.

Formed in 1995, the World Trade organisation is the international body that supervises the rules
of international trade. Its biannual Ministerial Conference is considered its topmost decision-
making forum, bringing together ministers and senior officials from all member states with the
aim of reviewing and updating rules that shape the global trading system.

https://www.gulftoday.ae/business/2024/02/28/uae-to-work-constructively-with-trade--
communities-to-take-collective-actions