July 25, 2023
2 mins read

Al Zeyoudi elected chair of WTO conference

The announcement was made during the WTO General Council in Geneva, Switzerland, where he met with the WTO Director-General, Ngozi Okonjo-Iweala….reports Asian Lite News

The General Council of the WTO has elected Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Chair of the World Trade Organisation’s 13th Ministerial Conference (MC13).

The Ministerial Conference, attended by leading representatives from the 164 countries and customs blocs that make up the WTO, will take place in Abu Dhabi in February 2024.

MC13 comes at a critical time for world trade, and the conference will build on the outcomes of MC12, review the performance of the multilateral trading system, make decisions on the future work of the WTO, and set up the roadmap for MC14.

“This is a pivotal moment for world trade,” commented Al Zeyoudi. “As a Ministerial Conference, we have to tackle pressing issues and challenges, consider all the forces shaping the future of trade and come up with clear solutions, and challenge ourselves to take actionable decisions that move the needle on making trade more efficient, inclusive and sustainable.

“At the heart of all of this is the need to modernise trade and embed technology across supply chains, and we look forward to working closely with all the members of the WTO to make real progress at MC13. Our goal must be driving forward momentum for more change at the conference in Abu Dhabi next year, but also in the years to come, and I have the utmost confidence in our collective ability to make this happen.”

The announcement was made during the WTO General Council in Geneva, Switzerland, where he met with the WTO Director-General, Ngozi Okonjo-Iweala.

During their meeting they discussed the preparations for MC13, in addition to the landmark inclusion of trade as a thematic day at COP28, which is set to take place in Dubai later this year.

Dr. Thani delivered his first address as Chair at the General Council, where he stressed the importance of building resilient trade frameworks to tackle today’s challenging landscape.

In his address, he called for focused and decisive deliberations amongst WTO members ahead of MC13, and commented, “Trade policy extends far beyond the scope of trade itself; it is about shaping our common future. It is our collective responsibility to contribute to a predictable, rules-based, and open trade and investment environment that creates prosperity for all – and this is precisely why the success of MC13 is so imperative.”

ALSO READ: Trade to have special focus at COP28

Previous Story

COP28 prioritises food systems in climate action

Next Story

UAE minister meets Presidents of Chad, Zambia

Latest from -Top News

‘A Day to Rejoice’

In its statement, British Friends of Israel saluted the courage and resilience of the hostages and expressed deep sorrow for those who did not survive captivity After 737 days of anguish, the

UK to Lead Gaza Rebuild

PM announces an additional £20 million aid package aimed at providing essential water, sanitation and hygiene services to tens of thousands of people Prime Minister Keir Starmer attended the signing ceremony of

UN Faces Crisis, Says Rajnath

Rajnath Singh said India recognises that the success of peacekeeping depends not only on numbers but on preparedness….reports Asian Lite News Defence Minister Rajnath Singh on Tuesday highlighted the urgent need for

UK to host summit on Gaza recovery plan

The three-day conference, beginning Monday afternoon, will take place at Wilton Park, the Foreign Office’s policy forum based in West Sussex The UK will host an international summit on the recovery and

India, Australia Begin AUSTRAHIND

The AUSTRAHIND exercise, which followed Defence Minister Rajnath Singh’s recent visit to Australia, reaffirmed the deepening defence cooperation between the two nations…reports Asian Lite News Strengthening the expanding defence partnership between India
Go toTop

Don't Miss

India Tells WTO to Act on Past Decisions

India stated that the multilateral trading system stands at a

BRICS foreign ministers call for WTO reform

Stress need to restore the normal functioning of all WTO’s