Page 421 - MOE ENGLISH PR REPORT - JANUARY 2024

Al Zeyoudi said, “Accounting for almost 90 percent of global businesses, MSMEs
must have full access to the global trading system if our vision of a more
sustainable and equitable global economy is to be realised. These enterprises
are also important agents of change, with the flexibility and singularity of focus
required to drive sustainability across value chains.

The development of the EcoMark Global Accreditation as an accessible and
universally recognised platform will help them both find and compete in new
markets around the world, and meet the growing demand for sustainable
products and services.”

Al Zeyoudi said the announcement builds on the progress made at COP’s first
ever Trade Day held in Dubai last month, where the UAE hosted a series of
critical conversations on the contribution of trade to the climate change
challenge. As Chair of the WTO’s 13th Ministerial Conference (MC13) in Abu
Dhabi in February, he said EcoMark underlines the UAE’s commitment to
multilateralism and the desire to deliver full and equal access to the global
trading system.

The World Economic Forum Annual Meeting 2024 in Davos is taking place under
the theme “Rebuilding Trust” and has brought together government and business
leaders to engage in constructive, forward-looking dialogues and help find
solutions through public-private cooperation.

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