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Hilary Clinton hails Abu Dhabi’s drive for innovation
She said ADGM has made “quite a stunning accomplishment” for the common law courts system.
Abu Dhabi is well-positioned to build the future that the world needs, said Hilary Clinton, praising the UAE for its development since 2011, when she last visited the country as US Secretary of State.
Speaking at the Resolve 2023 International Dispute Resolution Forum in Abu Dhabi, organized by the Abu Dhabi Global Market (ADGM), Clinton said: “Everything that has happened since 2012 is a strong indication of how well-positioned Abu Dhabi and the UAE are for the future.”
She added that the ADGM has made “quite a stunning accomplishment” for the common law courts system, resolving disputes and committing to clean energy.
Pointing to the advancements in the UAE, Clinton said the country is on track to achieve a sustainable energy future, demonstrated by its hosting of COP28. She added that she was “pleased and appreciative” of the reforms that the UAE has mandated that women be part of the board in government agencies and corporations.
“From those who have done so much already, much is expected because you have committed to a future that looks different from your past,” she said.
The ADGM Courts recently unveiled the first project to employ blockchain technology to enforce business judgments internationally.
Commenting on the same, Clinton applauded the actions, calling them “extraordinary,” and asked for more of the same in the real world to address other issues of concern to the entire world, such as climate change.
“Maybe at COP28, that could be one thing that UAE does, which would make a real difference: a problem-solving electronic platform where people could provide information about what they are facing and look for solutions from people who have done it, or have new regulations or laws to address the problem.”