Page 362 - MOE ENGLISH PR REPORT - FEBRUARY 2024

“Our economic transformations over the past 50 years are evidence of the opportunities that

come with international trade and its numerous potential to improve people’s lives.”

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and Chairman of
Abu Dhabi Executive Council, attended the opening ceremony. On Saturday, the UAE announced
providing a $10 million grant to support several key initiatives of the WTO. It will be allocated to

the Fisheries Funding Mechanism, the Enhanced Integrated Framework (EIF), and the Women
Exporters in the Digital Economy (WEIDE) Fund.

Global trade at 'critical juncture'

Dr Al Zeyoudi underlined that the WTO remains a 'powerful force' in countering the current

unilateral protectionism and discrimination.

“It is an important part of a global effort to attain the UN Sustainable Development Goals and to
ensure an inclusive, equitable, multilateral rules-based trading system.”

Dr Al Zeyoudi underlined that the multilateral trading system is at a 'critical juncture'.

https://www.khaleejtimes.com/uae/lets-show-wto-is-alive-uae-foreign-trade-minister-says-
conference-can-be-launch-pad-for-global