UAE ranked first among arabic countries in Whiteshield inaugural Global Trade Resilience Index

  • Date: 08-Dec-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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UAE ranked first among arabic countries in Whiteshield inaugural Global Trade Resilience Index



Germany, the Netherlands and the United States are the top 3 performers, respectively UAE, Qatar, Saudi Arabia and Morocco amongst the top 50 performers UAE ranksed 1st among Arab countries1  and in 31st position globally Dubai, United Arab Emirates: With over ten years at the forefront of trade and sustainability, Whiteshield proudly introduced its first Global Trade Resilience Index (GTRI 2023) on December 7 on the sidelines of COP28. The inaugural event gathered esteemed government officials, influential figures from international and regional bodies, distinguished academics, and leading private sector voices. In response to the growing discussions surrounding global trade policy issues and their role in supporting the transition to greener economies, Whiteshield has pioneered an innovative approach to reflect the current state of trade relationships, by product and by partner. Whiteshield has developed a unique methodology to gauge countries' capacity to absorb trade shocks in the short term and recover in the medium term. As their goal is to assist countries in achieving their sustainable development objectives by identifying areas for improvement across our 58 GTRI indicators, covering 136 economies. The top 10 GTRI performers include nine high-income countries (Germany 1st, Netherlands 2nd, USA 3rd, France 4th, Japan 5th, UK 6th,