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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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