The United Arab Emirates urged the need to gather international efforts to adopt a new global trade system, based on pluralism and modern technology. This came in the speech of the Minister of Foreign Trade of the UAE, Dr. Thani Al-Zeyoudi, during his participation in the ministerial meeting on trade at the G-20 summit in Jaipur. In the presence of his counterparts from the ministers in the foreign trade sector, and the aim of the meeting is to present a list of proposals aimed at promoting global trade and achieving growth and development for all countries of the world in the long term.
Al-Zeyoudi stressed that the UAE pledges to ensure fair and comprehensive access to the global trade system for the countries of the South, and stressed the importance of trade in creating job opportunities and exchanging knowledge. The Emirati minister also stressed the UAE's keenness to advance progress in the WTO reform agenda, as a major priority. The UAE is preparing to host the Organization's 13th Ministerial Conference in Abu Dhabi in February 2024.
The minister said: “The ministerial meeting on trade and investment for the Group of Twenty represents an important event for discussing global trade issues. His recommendations will help shape the governance of the multilateral trading system in the coming months and years. It has become clear that we all share the same determination to improve international supply chains, smooth cross-border exchange, accelerate digitization, and provide effective and transparent means of dispute resolution and arbitration. That is why the UAE expresses its readiness to support any effort that fosters a global trading system that can meet the needs of the twenty-first century, and we look forward to presenting these recommendations and results during the G20 leaders summit next month in New Delhi.
.webp)
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