Ministers praise UAE's hosting of WTO conference


Ministers of Trade and Industry have commended the UAE's leading efforts in hosting the 13th WTO Ministerial Conference (MC13).

They praised the UAE's efforts in facilitating constructive dialogue between WTO member states to enhance international cooperation for a sustainable economic future.

The MC13 took place from February 26 - March 1st 2024 in Abu Dhabi where ministers from across the world attended to review the functioning of the multilateral trading system and to take action on the future work of the WTO.

In statements to the Emirates News Agency (WAM), participating ministers said that the UAE's hosting of the major international conference is a clear indication of its growing influence in reshaping the global trade landscape.

They highlighted the UAE's leading position as a global economic hub that provides responsible financial services and the necessary monetary policies that complement global trade and business sectors.

WTO Director-General Ngozi Okonjo-Iweala said that the Thirteenth WTO Ministerial Conference resulted in very good decisions and thanked the UAE for the successful organisation of the global event.

In a statement to the Emirates News Agency (WAM), the international official said, “We're very grateful to the government of the UAE and to His Excellency, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade for a very successful meeting. We worked hard. It was tough, but we delivered thanks to his chairmanship."

“So we're exceedingly grateful. And the arrangements were wonderful. I see very positively; we were able to close some negotiating files. We've got some very good results for developing countries and least developed. Yes, We were not able to close some other files, but, you know, we'll continue working on them in Geneva.”

More from Business News