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The 14th meeting of BRICS trade ministers was held

news agency wam , 27 Jul 2024 - 17:34

The 14th meeting of BRICS trade ministers was held with the presence of Dr. Thani bin Ahmed Al Zayudi, Minister of Foreign Trade of the United Arab Emirates.


According to Amac News: In this meeting, the Minister of Foreign Trade of the UAE once again called for increased trade cooperation between the member countries and strongly opposed to stimulating the flow of goods and services around the world.
This is the first time that the United Arab Emirates has participated in the BRICS trade ministers' meeting since joining the group in August 2023.
Dr. Al Zayudi signed a joint statement with the participating ministers to emphasize their commitment to comprehensive cooperation among member states in several key areas of common interest, including strengthening their cooperation in the multilateral trading system, supporting common value chains.
This statement emphasizes BRICS' commitment to multilateralism and cooperation in addressing global trade challenges.
Ministers representing Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates also agreed to establish an informal consultative framework to advance the global dialogue on the WTO and WTO-related issues. Make.
The ministers emphasized the importance of integrating digital technologies in global trade and promoting smart solutions such as electronic certificates and electronic bills of lading.
In this meeting, a proposal has been made to create a forum for cooperation in SEZ areas in member countries to strengthen cooperation.
The ministerial meeting in Moscow is one of the key events in the build-up to the BRICS summit, which will be held in Kazan, Russia, in October 2024.
 


Story Code: 1112

News Link :
https://www.amacnews.com/en/news/1112/the-14th-meeting-of-brics-trade-ministers-was-held

AMAC
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