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The National President and Vice President made the announcement today
Photo: AFP
The UAE President confirmed today that the next World Trade Organization Ministerial Conference will be held in Abu Dhabi, United Arab Emirates, in February 2024.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, said in a tweet: “The UAE is honored to be chosen as the host of the WTO Ministerial Conference in 2024. We look forward to promoting WTO countries and Constructive dialogue between the World Trade Organization. Enhanced international cooperation for a sustainable economic future.”
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai, also announced the candidates. He welcomed the participating countries and the World Trade Organization.
“We support all international initiatives that guarantee the free flow of goods and services between countries around the world and protect the future of global trade,” he added.
“WTO members agree that the organization’s 13th Ministerial Conference (#MC13) will be hosted by the United Arab Emirates in Abu Dhabi during the week of 26 February 2024,” the global trade body said on Monday.
The WTO’s 12th Ministerial Conference (MC12) will be held at its headquarters in Geneva from 12 to 17 June 2022. Ministers from around the world attend to review the functioning of the multilateral trading system, issue general statements and take action on the future work of the global trade body.
The meeting was co-hosted by Kazakhstan and chaired by Timur Sulemenov, Deputy Chief of Staff of the President of Kazakhstan. Kazakhstan was originally scheduled to host MC12 in June 2020, but due to the Covid-19 pandemic, the conference was postponed.
Although the 14th ministerial conference will be held in Cameroon, it was announced after Monday’s general council meeting.
Trade ministers from the WTO’s 164 members met at a ministerial meeting to discuss new global rules and challenges facing the world economy.
The WTO recently forecast that global trade growth is expected to slow late this year and early next year.
(Input from Reuters)
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