The UAE will host the next meeting of the World Trade Organisation in 2024. His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, said that the country is honored to have been selected as the host country for the WTO Ministerial Conference.
Representatives from 164 countries will convene in Abu Dhabi in February 2024.
“We look forward to facilitating constructive dialogue between WTO nations and strengthening international cooperation for a sustainable economic future,” Sheikh Mohamed tweeted. “Together with 164 nations, we will embark on a new era of free trade for the good of humanity.”
The ministerial conference, which is the topmost decision-making body of the WTO and meets every two years, brings together all members of the WTO to decide on all matters under any of the multilateral trade agreements.
Meanwhile, His Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, declared that the UAE would support any global initiatives to ensure the free movement of commodities and services between various nations throughout the world.
“As many as 164 WTO countries will hold global trade development talks in the UAE early 2024. We warmly welcome the participating nations. We welcome the WTO and we will support all international efforts aimed at ensuring the free flow of goods and services between different countries of the world and protect the future of global trade,” Sheikh Mohammed tweeted.
While competing to host the event, the UAE and Cameroon reached a tacit agreement for Abu Dhabi to host the first and Cameroon to host the second.
Loading the player...
Dubai Internet City will support the next wave of Web 3.0, crypto, but will not stop there, says MD Ammar Al Malik