Dubai PR Network, Online Press Release from Dubai and Middle East
 
Local News and Government
Filter PR by
  

HE Juma Al Kait: “Our discussions this week have underlined trade’s pivotal role in growth, diversification and innovation, and its ability to empower a more equitable future”

Abu Dhabi, UAE – 19 May 2025 - The United Arab Emirates participated in the second G20 Trade and Investment Working Group Meeting (TIWG) in South Africa’s Western Cape, held recently. The UAE delegation, headed by His Excellency Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, reaffirmed the UAE’s commitment to open, rules-based trade, and highlighted its role to as means of delivering economic prosperity, sustainable development and green growth, during the three-day forum.

The Trade and Investment Working Group, held under South Africa’s presidency of the G20, brought together more than 100 delegates from G20 member countries, invitee nations and international organizations to discuss the issues central to global trade and investment. The frameworks developed over the course of the forum will inform the G20 Leaders' Summit that takes place in Johannesburg between November 22-23, 2025.

During the forum, HE Al Kait underscored the importance of inclusive trade agendas to deliver economic resilience and job creation. He stated that the UAE’s foreign trade and investment policies are driving growth, diversification and development in emerging markets, and supporting regional integration in Africa. He cited the US$800 million that Abu Dhabi Ports has announced for the development of ports and other logistics in Africa and DP World’s network of dry ports that is facilitating supply-chain access for landlocked countries. His Excellency Al Kait also highlighted the UAE’s work in enhancing SME’s participation in global trade, particularly through the nation’s Comprehensive Economic Partnership Agreement program.

HE Juma Al Kait said: “The second meeting of the G20 Trade and Investment Working Group under South Africa’s presidency was an important opportunity to find areas of general agreement on trade issues and begin to resolve areas of discord. We are in a challenging moment for the global economy as a whole and for the multilateral trading system in particular, so it is important for the world’s principal economies to come together and chart a better course for both. Our discussions this week have underlined trade’s pivotal role in growth, diversification and innovation, and its ability to empower a greener, more equitable future. To fully realize this, we must work hand-in-hand to enhance the rules that govern global trade and agree on the frameworks to enforce them – and this week has enabled us to take several steps towards that objective.”

The third Trade and Investment Working Group meeting is scheduled to take place between July 29-31 in Muldersdrift in the Gauteng Province of South Africa, north-west of Johannesburg.


 
Posted by : DubaiPRNetwork.com Editorial Team
Viewed 11919 times
PR Category : Local News and Government
Posted on : Tuesday, May 20, 2025  7:28:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com. Check our Privicy Policy.
Previous Story : Tawoos Group announces its intention to acquire NMC Oman
Next Story : Salik Achieves ISO 37001 Certification for Anti-Bribery Mana...
Email this article Print this article

 
 
Most Viewed Press Release posted in the last 7 days
SHEGLAM's Got Your Summer Look on Lock [32050-Views]
EDGE Signs Record-Breaking AED 9 Billion Naval Contract with Kuwait Ministry of Defence [31549-Views]
Unlock Radiant Skin with Our Skin-Balancing Nourishing Essence! [30262-Views]
G-SHOCK Launches GA-V01 in the UAE — A Bold New Era for Watch Design [24756-Views]
WTM London 2025 Conference Programme: One Vision, Six Tracks — Call for Content Now Live [19692-Views]
Hotpack achieves group ISO Re-certification across 20 facilities – a regional first in pac... [12620-Views]
Brazil Officially Removes UAE from List of Jurisdictions with Preferential Tax Regimes [12087-Views]
Salik variable toll rates for Sunday, June 8th [5707-Views]
UAE Ministry of Finance Hosts Awareness Session for Emirati Students in China on Career Op... [5674-Views]
H.E. Bin Touq and Greek Minister of Tourism announce Greece as host of Investopia Global –... [5637-Views]
Majra – National CSR Fund honours top 20 CSR projects at inaugural Sustainable Impact Chal... [5207-Views]
Etihad Goes Four Daily To Karachi [5158-Views]
Dubai Municipality designates four beaches for families during Eid Al-Adha holiday [5150-Views]
International Schools Partnership expands regional footprint with acquisition of Smart Vis... [5129-Views]
Hamdan Bin Mohammed Smart University Explores Academic and Research Cooperation with Port ... [4818-Views]
RPM's medical team provides healthcare services for Hajj 2025 Pilgrims [4711-Views]
Habitat Schools in Ajman to Host Malayalam and English Eid Gah Prayers This Eid al-Adha [4711-Views]
Sport Impact Summit Unveils Powerful AI Partnerships to support UAE Climate Law Implementa... [4654-Views]
Dubai's 3 Day Super Sale Drives Strong Retail Performance and Seasonal Eid Spending Across... [4629-Views]
FDF organises dialogue sessions to enhance quality of life for senior citizens in Abu Dhab... [4621-Views]
RTA Announces Integrated Project for Development of Al Wasl Road Spanning 15 km [4576-Views]
Middle East's world championship motorsport dates secured for 2026 [4494-Views]
Unwind, Dine, and Explore with Rixos Marina Abu Dhabi's Exclusive Endless Summer Escape [3936-Views]
Emirates Nature–WWF Launches 'Sprint for Change' to Mobilize UAE Public for a Summer of Ac... [3743-Views]
Dubai Culture Concludes Japan Art & Culture Delegation Programme [3026-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories