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State Minister for Foreign Trade Thani bin Ahmed Al Zeyoudi signed a joint communique at the Brics Ministers’ Meeting, committing to strengthened cooperation in multilateral trade, joint value chains, agricultural trade, and special economic zones, Wam writes. The communique also focused on fostering e-commerce, supporting MSMEs through technology and exports, and integrating digital technologies like e-certification in global trade.
This was the UAE’s first participation in a Brics trade ministers’ meeting since becoming a member in August 2023. The meeting also proposed a forum for cooperation on special economic zones and laid the groundwork for the upcoming BRICS Summit in Kazan, Russia.
UAE + Morocco wrap up trade talks: Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Morocco’s Minister of State for Foreign Trade Ryad Mezzour concluded negotiations on an economic partnership between the two countries, Wam reports.
The UAE-Morocco partnership will reduce or remove tariffs, improve market access, harmonize customs, and establish rules of origin for goods. It will also create investment and private-sector collaboration platforms in renewable energy, tourism, infrastructure, mining, food security, transport, logistics, and ICT.
Financial Affairs Minister Mohamed Hadi Al Hussaini headed the UAE delegation at the G20 Finance Ministers and Central Bank Governors’ latest meeting, discussing ramping up financial inclusion, promoting international tax cooperation, and sustainable finance, Wam reports. Al Hussaini also met with Brazilian President Luiz Inácio Lula da Silva on the sidelines of the meeting to discuss ramping up bilateral cooperation in sustainable finance.
The UAE also participated in the G20 Labour and Employment Ministers’ Meeting in Brazil, spotlighting international labor market trends and exploring strategies for achieving short- and long-term goals, Wam reports.
MORE DIPLO NEWS-
- The UAE dispatched a plane with aid to southern Ethiopia to support victims of recent landslides, under the directives of UAE President Sheikh Mohamed bin Zayed Al Nahyan. (Wam)
- UAE Chambers Secretary General Humaid Mohamed Ben Salem led a delegation to Madagascar to strengthen economic, trade, tourism, energy, and infrastructure ties. (Wam)
- Culture Minister Sheikh Salem bin Khalid Al Qassimi flew to Slovakia, Hungary, and Croatia to deepen cultural cooperation and facilitate new agreements. During his tour, Al Qassimi inked an MoU with the Slovak Culture Ministry to ramp up cultural cooperation. (Wam)
