According to
Amac News: The UAE Ministry of Economy announced that the meeting was held under the title "Inclusive growth for a sustainable future" and was attended by key business representatives from the G20 and guest countries participating in the B20 summit.
The purpose of this meeting was to establish constructive relations between the United Arab Emirates and leading multinational companies and emphasize the role of the United Arab Emirates as a global trade and investment center.
The summit provided a platform for the private sector to engage in discussions on sustainable business practices, the efficiency of global trade and the importance of inclusiveness, particularly in the context of women-owned businesses.
The UAE attended the B20 summit as an invited guest of Brazil during the country's presidency of the G20, a reflection of the UAE's growing influence in global trade and investment.
The meeting included discussions on potential areas of cooperation to expand trade and investment opportunities, including renewable energy, technology, and food security.
Representatives of Emirati companies then held meetings with their G20 counterparts where they explored new business avenues and investment opportunities that align with the UAE's long-term goals for sustainable development.
The UAE's trade with G20 countries exceeded $196.1 billion in the first half of 2024, up 4.1 percent from the previous year, representing more than half of the UAE's total non-oil trade.
The UAE's total non-oil trade with the G20 exceeded $393.2 billion in 2023, an increase of 15.3% compared to 2022.