The UAE has been selected to host global trade development talks in February 2024. President Sheikh Mohamed made the announcement on Monday that representatives from 164 countries in the World Trade Organization will convene in the nation's capital.
In a message posted online, he said that the UAE is honoured to have been selected as the host country for the WTO Ministerial Conference in 2024.
The WTO's 12th Ministerial Conference was held in Geneva, Switzerland, from June 12 to June 17. It was originally meant to be held in Kazakhstan in 2020, but was postponed due to the pandemic.
Scheduled to end on June 15, the ministerial gathering in Geneva was extended by two days to allow more time for negotiations and for agreements to be reached.
Two proposals were received by the WTO to host the 13th Ministerial Conference, one from the UAE and another from Cameroon.
The last time the conference was held in the Gulf was in 2001 in Doha, which resulted in China being approved as the 143rd member.
The Ministerial Conference is the topmost decision-making body of the WTO and usually meets every two years.
It brings together all members of the WTO, all of which are countries or customs unions, and takes decisions on all matters under any of the multilateral trade agreements.
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