Page 327 - MOE ENGLISH PR REPORT - FEBRUARY 2024

Based in the UAE, the program has already confirmed several major partners, including
ADIA Lab, Core42, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and
Maqta Gateway – AD Ports Group’s digital arm. Additional partners are set to be included

into the initiative over time.

Dr Thani Al Zeyoudi, Minister of State for Foreign Trade 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 the initiative’s core
elements, is taking place in parallel to the Ministerial Conference on February 27.

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