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The UAE participated in the G20 trade and investment ministers meeting

news agency wam , 26 Oct 2024 - 15:53

The UAE delegation has participated in the G20 Trade and Investment Ministers' Meeting (TIMM) in Brazil.


According to Amac News: This delegation led by Thani bin Ahmad Al Zeyoudi, Minister of Foreign Trade of the United Arab Emirates, participated in this meeting.
During the meeting of trade and investment ministers, the UAE foreign trade minister emphasized his country's commitment to open and rules-based trade.
The United Arab Emirates participated in the G20 presidency as an invited guest of Brazil, which shows the increasing influence of the UAE on the global economy, especially in trade matters.
Al Zeyoudi encouraged G20 members to use technology to promote greener and more efficient business practices, which can make an important contribution to the challenges of climate change and supply chain disruption.
She welcomed the release of the "Compendium of Best Practices for Increasing Women's Participation in International Business", noting that women-led SMEs are central to emerging market economies and need equitable access to international markets.
G20 membership collectively accounts for 85% of global GDP and 75% of international trade.
In 2023, non-oil trade between the UAE and G20 members exceeded $393.2 billion, a 54 percent increase over 2019.


Story Code: 1912

News Link :
https://www.amacnews.com/en/news/1912/the-uae-participated-in-the-g20-trade-and-investment-ministers-meeting

AMAC
  https://www.amacnews.com