UAE announces a special focus on trade at COP28

UAE announces a special focus on trade at COP28

The Ministry of the Economy, the COP28 Presidency and the WTO Secretariat will co-lead the committee on trade for COP28. - HE Dr Thani Al Zeyoudi: “We are excited that COP28 will showcase the opportunities for future-focused thinking that can deliver a trading system that is smarter, faster and more inclusive.” - HE Dr Sultan Al Jaber: “International trade, as a cornerstone of economic growth, jobs, and livelihoods, is an essential tool in accelerating climate action. It has the potential to unlock investments in emerging economies, to boost uptake of clean energy technologies, and to support green jobs and innovation.” - HE Ahmed Jasim Al Zaabi: “The UAE sees climate-change mitigation as a major catalyst for sustainable socio-economic development, underpinned by a smart and circular economic strategy that encourages inclusive flow of trade.” ABU DHABI: International trade is to be featured at the United Nations Climate Conference (COP28) for the first time when it convenes in the UAE in November and December. The UAE mission to the World Trade Organisation (WTO) made the announcement at the Committee on Trade and Environment, stating that trade will be subject to a dedicated day under the UAE’s COP28 Presidency Thematic Program – in