UAE delegation champions multilateral trade at WTO Ministerial conference in Geneva

UAE delegation champions multilateral trade at WTO Ministerial conference in Geneva

- Dr Thani Al-Zeyoudi: We are writing a new chapter in trade, one built of trust, transparency, stability and prosperity

- UAE joins joint initiative on services domestic regulation designed to bring greater transparency to services regulations

- Together with other Arab ministers, UAE urges the Ministerial Conference to pursue positive resolution on the technical issues raised in the Arab Declaration

- UAE expressed desire to host the 13th Minister’s Conference in Abu Dhabi

Abu Dhabi: A senior delegation from the UAE Ministry of Economy has concluded its participation in the 12th Ministers Conference (MC12) of the World Trade Organisation in Geneva, Switzerland, the four-day gathering of trade and economy ministers from around the world – and its first in-person meeting since the start of the global pandemic.

The UAE delegation, led by His Excellency Abdulla Bin Touq, Minister of Economy, took part in several high-level discussions concerning the complex challenges facing the global trading system, including the lingering impact of Covid-19 on supply chains, geopolitical conflicts and their subsequent effects on commodities markets, and the growing threat of climate change.

The UAE also joined the Joint Initiative on Services Domestic Regulation – the WTO initiative led by Costa Rica that takes existing regulation contained in