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Reform Of The Global Trading System High On The Agenda At Global Trade Development Week

World Trade

Open Eyes Opinion {source: Emirates News Agency}

Dubai, UAE

UAE to host WTO meeting during Global Trade Development Week 2015

Reform of the global trading system will be high on the agenda at an important meeting of World Trade Organisation (WTO)’s leading envoys, to be held in the UAE during the Global Trade Development Week, on 28 October 2015.

Organised in partnership with the UAE Ministry of Economy, the roundtable meeting will be led by WTO’s Director of Trade and Development, Mr. Shishir Priyadarshi, and will have participation from envoys and Ambassadors who will represent their nations at the forthcoming WTO Ministerial Talks being held in Nairobi in December this year.

Titled ‘Strengthening trade led development: Prospects and challenges for WTO’s Nairobi Ministerial Conference’, the WTO roundtable will be a highlight of Global Trade Development Week which is organised under the patronage of the UAE Ministry of Economy. GTDW 2015 will bring together 1000 trade leaders from government and the private sector coming to Dubai from over 100 countries, to discuss solutions to advance the development of international trade.

Undersecretary for Foreign Trade and Industry at the Ministry of Economy, Abdullah Al Saleh, said, “By supporting this WTO Roundtable, the UAE affirms our commitment to the importance of a multilateral trading system within the framework of the WTO. We hope the WTO meeting in UAE will help set the tone for the Nairobi Ministerial Conference. A positive outcome of the Doha Round will facilitate international trade and be hugely beneficial to the UAE, the region and the global economy in general.”

Shishir Priyadarshi said, “We look forward to the GTDW providing a platform for further discussions on the WTO Doha Round, which has the potential to change the course of world trade, especially for developing countries. The Doha Round aims to achieve major reform of the international trading system, including by lowering trade barriers and reforming global trade rules – ideals that run at the core of GTDW”.

The GTDW presents an opportune platform to bring together nations participating in the Doha Round. Firstly in its timeliness, with the Nairobi meetings being just over a month away. As a result, in October, the Doha agreement will be high on the global news agenda. The UAE setting of GTDW provides a convenient geographical location accessible to many. More importantly, the central aim of GTDW’s agenda to deepen understanding about trends in trade, trade policy issues and the multilateral trading system, especially for developing countries, presents an ideal opportunity to discuss issues related to the global trading system.

GTDW is the world largest trade facilitation event and features a series of specialised trade summits that link key sectors. GTDW will be held in Ritz Carlton DIFC from 27th to 29th October.

GTDW is a major international forum committed to increase knowledge, capabilities and dialogue between government & private sector trade leaders to deliver international trade development. Held Under Patronage of Minister of Economy, UAE and partnered by Dubai Customs and Dubai Economic Council. GTDW engages political, business, academic & industry thought leaders to share best practice in global trade development through specialised concurrent trade summits.

GTDW gathers trade leaders across business, banking, customs, corporate real estate, development banks, FDI, free trade, infrastructure, insurance, investment, multilaterals, risk, specialised economic zones & regions, supply chain, logistics and transport. The ambitious programme hosts 150 leading speakers and includes The Ministers & Trade Leaders Plenary, 6 concurrent major trade summits, site tours, networking receptions and a leading trade exhibition – Attendees can select a programme that addresses their specific requirements and interests as well as opting for workshops and tours.

Held concurrently with a shared exhibition, networking and refreshments the forum allows Government & Private sector trade leaders across key verticals of trade development to meet directly with decision makers and engage in a dialogue to increase global trade.

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Please Visit Ritz Carlton, Dubai International Financial Center:  http://www.ritzcarlton.com/en/Properties/DubaiIfc/PhotoGallery.htm#media=RCDUBIF_00014_1280x720

The Sunken Garden offers a stylish, modern outdoor space that is perfect for hosting a cocktail reception

 

 

 

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