The United Arab Emirates (UAE) urges the international community to embrace an expansive, global open trade paradigm. The UAE accentuates the need for an uninterrupted flow of goods, services, and commodities across international boundaries.
At the G20 ministerial summit on trade and investment held in Jaipur, UAE’s Foreign Minister, Thani Al Zeyoudi, spotlighted the crucial role of international unity. He articulated the vision of a global trade system that champions diversity and synchronizes with the latest technological leaps.
The gathering witnessed a confluence of foreign trade and investment luminaries. Their core objective: formulate recommendations that fortify global trade, with an overarching vision of sustainable economic growth and development for every nation.
Mr. Al Zeyoudi expressed the UAE’s unwavering dedication to ensuring that southern nations obtain equitable access to global trade channels. He emphasized trade’s transformative essence, highlighting its capacity to stimulate industrial prowess, catalyze job generation, and pave the way for knowledge dispersion.
Urging the global assembly, the Foreign Minister championed the integration of avant-garde technologies, envisioning a future where these innovations birth intelligent and sustainable supply chains.
The World Trade Organization (WTO) occupies a significant position in this dialogue. Recognizing the WTO’s central role in shaping global trade trajectories, the UAE stands at the forefront of its reform agenda. This commitment will manifest vividly when Abu Dhabi welcomes delegates for the thirteenth ministerial conference of the WTO come February 2024.
The G20 Jaipur summit gains enhanced prominence as it sets the stage for the leaders’ summit in New Delhi. Outcomes from Jaipur orbit five cardinal themes: growth through trade, agile global value chains, assimilation of SMEs into global commerce, augmenting logistical frameworks for trade, and the metamorphosis of the WTO.
Anticipation mounts for the leaders’ summit scheduled for September 9th and 10th. The insights and decisions from Jaipur await presentation and scrutiny at this global forum. The UAE’s presence at the Jaipur event stemmed from an invitation by the host and current G20 leader, India.
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