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3/5/24, 10:12 AM Harnessing FDI for Driving Trade report launched during MC13 in Abu Dhabi | Emirates News Agency
insurance, credit enhancement, and guarantees for trade infrastructure projects, as well as technical assistance, capacity building and dispute
resolution functions. This would promote FDI by boosting investor confidence and attracting a wider range of investors.
The second is the development collaboration Platform between international organizations that would promote FDI into trade infrastructure. This
would leverage international trade organizations and their networks to conduct research, offer capacity building, knowledge and data sharing,
advocacy and policy dialogue development.
Dr Thani Al Zeyoudi, who is also MC13 Chair, said the report was an important step in addressing trade infrastructure’s funding gap. “We cannot
achieve inclusive, sustainable development without the contribution of private capital, especially in the development of critical trade infrastructure
in developing nations. This report offers practical and timely guidance on how governments can best position their policies to channel it into pro-
growth projects that leave no nation behind. I commend its findings to the global investment community and look forward to capital being
mobilized and targeted into this vital sector.”
The report aligns with the central themes of the 13th WTO Ministerial Conference, the uppermost decision-making body of the WTO. Global
trade ministers and senior officials from member and observing governments are gathering in Abu Dhabi between February 26-29 to review and
refine the rules governing global trade. Its deliberations will build on the breakthroughs of MC12 in Geneva in June 2022, such as fisheries
subsidies and e-commerce, while seeking to expand the benefits of trade to new nations and empower supply chains through the adoption of
new technology.
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