Page 93 - MOE ENGLISH PR REPORT - MARCH 2025

3/28/25, 2:41 PM Supply-chain accessibility is key to economic growth, says UAE
In the final session, the UAE highlighted the importance of ensuring the WTO is able to fulfill its
mandate as the custodian of the global trade system, especially in its ability to address economic
asymmetries. He noted the unprecedented progress made in the areas of agriculture and fisheries at
th
the 13 Ministerial Conference (MC13) of the WTO, which was held in Abu Dhabi in February
2024, and expressed hope that consensus could be found at MC14 in Cameroon next year.
Al Kait added that the Working Group is an important opportunity to build consensus among the
global trading community and make the case for open, rules-based trade.
“The United Arab Emirates believes that trade is the main driver of sustainable economic
development, positively impacting investment, industrialization, job creation and innovation. It is
incumbent on us to ensure the global trading system is inclusive and accessible – especially as we
confront a rapidly evolving trading landscape. The G20’s trade priorities for 2025 are fully aligned
with our own foreign trade agenda, and the Ministry of Economy and the Ministry of Investment
will continue to actively contribute to this year’s TIWG sessions to ensure the benefits of trade are
shared equally and equitably,” he added.
The Trade and Investment Working Group, which was held virtually between March 18-20, was the
first to be convened under South Africa’s presidency of the G20. There will be three additional
Working Group meetings before the Ministerial Meeting on October 10 in Gqeberha, South Africa.
The G20 Presential Meeting will take place in Johannesburg in November.

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