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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
                     and MC13 Chair, said the announcements underline the


                     UAE’s  commitment  to  not  only  championing  the


                     development  of  TradeTech  tools  but  the  overarching


                     regulatory  frameworks  that  will  enable  their  global


                     deployment.


                     “By  embracing  technology  such  as  AI,  we  have  the



                     opportunity  to  redefine  the  future  of  trade,  making  it


                     more efficient, more transparent and more sustainable.


                     These  initiatives  are  crucial  in  enabling  us  to  fully


                     leverage  the  power  of  AI  in  global  supply  chains,  with


                     technological  development  working  in  parallel  to


                     regulatory  oversight  to  ensure  broad  adoption  and


                     interoperability.  It’s  essential  that  the  benefits  of


                     advanced  technology  are  shared  equally  –  and  that


                     means ensuring the tools are not only available but fully


                     accessible for the benefit of all nations.”



                     The UAE is becoming a prominent champion of the use


                     of technology in trade. In January 2023, in partnership


                     with  the  World  Economic  Forum  (WEF),  the  UAE


                     launched the TradeTech Global Initiative to promote the


                     widespread adoption of emerging technologies in global


                     supply  chain.  The  inaugural  TradeTech  Forum,  one  of




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