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2/22/24, 5:19 PM Forward-looking vision of wise leadership reflected in UAE's non-oil foreign trade: Al Zeyoudi
Abu Dhabi [UAE], February 18 (ANI/WAM): Dr Thani bin Ahmed Al Zeyoudi,

Minister of State for Foreign Trade, stressed that the forward-looking vision of the wise

leadership to expand the network of trade and investment partners was significantly

reflected in the UAE's non-oil foreign trade of goods and services, which continued to

record unprecedented historical numbers at the end of 2023, exceeding over AED3.5

trillion. "This is a genuine milestone for our nation. The expansion of foreign trade is a

pillar of the UAE's economic strategy, a driving force of growth and diversification and

a catalyst for sectors that focus on innovation, knowledge, and advanced technology,"

he added.

Al Zeyoudi hailed these results as "particularly notable", as they came amid a 5 per cent

decline in global trade in the first half of 2023, and an 8 per cent fall in exports in the

third quarter. "The continuing upward trend in the UAE's non-oil foreign trade is a clear

reflection of the national vision of a dynamic, diversified economy that is open to the

world," he said.

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