WTO 13th Ministerial Conference Workshop: “The World Trade Organization: The Arab Region’s Ambitions for Economic Integration and International Trade to Protect Their Interests”

Apr 5, 2024 | Economy

About MC 13th Ministerial Conference and Workshops

In a significant stride towards fostering economic integration and international trade, the Union of Arab Chambers, in collaboration with the Arab Swiss Chamber of Commerce and Industry (CASCI), UAE Chambers, and Abu Dhabi Chamber of Commerce and Industry, orchestrated a pivotal workshop during The WTO MC 13th gathering in Abu Dhabi, titled “The World Trade Organization: The Arab Region’s Ambitions for Economic Integration and International Trade to Protect Their Interests”. The event, graced by the presence of distinguished leaders and industry experts, including His Excellency Dr. Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of Abu Dhabi Chamber, served as a platform for constructive dialogue and strategic planning.

At the heart of the discussions lay the paramount importance of nurturing cooperative relationships between Arab and Swiss commercial entities. H.E. Dr. Ali Saeed bin Harmal Al Dhaheri, in his opening address, emphasized the critical role of such dialogues in facilitating mutual understanding and collaboration. He underscored the significance of leveraging synergies between regional and international stakeholders to unlock new avenues for economic growth and development.

A notable figure among the attendees was Ms. Hilda Al Hinai, Secretary General of the Arab Swiss Chamber of Commerce and Industry (CASCI). Her presence underscored CASCI’s commitment to actively engage in shaping the future of global trade and economic integration. Ms. Al Hinai’s participation not only exemplified CASCI’s dedication but also highlighted the importance of bridging cultural and geographical divides to foster inclusive and sustainable economic partnerships. Additionally, she attended the opening ceremony of the 13th Ministerial Conference of the WTO in Abu Dhabi and the accession ceremony of an LDC Arab country, Comoros, to the WTO.

Throughout the workshop, participants delved into various aspects of international trade and economic integration, with a particular focus on the role of the World Trade Organization (WTO) in safeguarding the interests of the Arab region. Discussions revolved around strategies to enhance trade facilitation, reduce trade barriers, and promote fair and equitable trade practices. Moreover, the workshop provided a platform for sharing insights and best practices aimed at bolstering the competitiveness of Arab and Swiss businesses in the global marketplace.

H.E. Dr. Ali’s reference to the significant contribution of the UAE’s private sector to the national GDP, reaching approximately 72% in 2022, underscored the importance of fostering a conducive environment for business growth and innovation. This statistic serves as a testament to the region’s resilience and dynamism in navigating the complexities of the global economy.

As the world grapples with unprecedented challenges, ranging from the ongoing effects of COVID-19 pandemic to geopolitical uncertainties, the imperative for collaboration and cooperation has never been more pressing. These challenges have underscored the interconnectedness of our global community and highlighted the need for collective action to address common issues. In this context, events like the workshop serve as invaluable platforms for stakeholders to converge, exchange insights, and forge partnerships aimed at navigating these turbulent times. By fostering dialogue and collaboration, such gatherings not only facilitate the sharing of best practices but also foster a sense of solidarity and mutual support. They enable participants to collectively envision and chart a course towards a more inclusive, resilient, and sustainable future, where the principles of cooperation and partnership are paramount.

The workshop titled “The World Trade Organization: The Arab Region’s Ambitions for Economic Integration and International Trade to Protect Their Interests” served as a testament to the collective resolve of Arab and Swiss stakeholders to harness the transformative power of international trade. Through dialogue, cooperation, and strategic partnerships, the participants reaffirmed their commitment to advancing economic integration, fostering innovation, and safeguarding the interests of all stakeholders in the global marketplace. As we navigate the complexities of the 21st century economy, such initiatives will continue to play a pivotal role in shaping a more prosperous and interconnected world.