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3/4/24, 4:49 PM                UAE launches new Trade-Sustain-AI initiative to rewrite future of trade | Emirates News Agency


                 UAE launches new Trade-Sustain-AI


                 initiative to rewrite future of trade





                  Tuesday, February 27, 2024 10:45 PM •  2 minutes Reading



                     ABU DHABI, 27th February, 2024 (WAM) -- The UAE has


                     launched  a  new  initiative  designed  to  combine  the


                     transformative            power        of     technology           with      the


                     sustainability  and  inclusivity  of  global  trade  during  the


                     TradeTech Forum, which is taking place in parallel to the


                     13th  Ministerial  Conference  (MC13)  of  the  World  Trade


                     Organisation (WTO) in Abu Dhabi, United Arab Emirates.


                     The  ‘Trade-Sustain-AI’  initiative  seeks  to  leverage  the


                     rapidly  advancing  power  of  artificial  intelligence  in


                     supply chains to boost the contribution of global trade


                     to the battle against climate change. It has identified a


                     number  of  ways  it  can  make  an  immediate  impact,


                     including  optimising  shipping  routes  to  reduce  fuel



                     consumption and carbon emissions; improving logistics


                     operations  such  as  inventory  management  and  freight


                     movements;              developing            climate-resilient           trade


                     infrastructure and forecasting extreme weather events;


                     and  improving  traceability  and  transparency  in  global



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