Page 286 - MOE ENGLISH PR REPORT - JANUARY 2024

1/25/24, 5:22 PM UAE unveils Global TradeTech Sandbox at WEF Annual Meeting

“The adoption of advanced

technologies is accelerating in

various sectors, and it is

important that international

trade keeps pace with these

developments now more than Dr. Thani bin Ahmed Al Zeyoudi
UAE Minister of State Foreign
Trade
ever. We need to re-evaluate

the current regulatory frameworks in order to keep pace

with the digital transformation and address the future.

Global TradeTech Sandbox is designed to keep pace

with technological developments in all fields and to

provide means for start-ups to access markets. It also

provides a platform through which forward-looking

regulatory policies can be adopted that adapt to the

future, enhance innovation, protect stakeholders, and

ensure the flexibility of global trade systems.”

For his part, Mr. Ahmed Al Jasim Al Zaabi, Chairman of the Abu Dhabi

Department of Economic Development, said that this partnership and

other influential partnerships on the international scene showcase the

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