Media ININ Economy We Trust
Media IN ABU DHABI, 29th June, 2019 (WAM) –
The UAE will host the World Investment Forum and Asia’s first E-commerce Week in 2020 in Abu Dhabi and will co-chair the 15th Ministerial Conference, UNCTAD, hosted by Barbados in the Caribbean the same year.
The event will be hosted by the UAE Ministry of Economy and the Abu Dhabi Department of Economic Development, ADDED.
The announcement was made during the 66th session of the United Nations Conference on Trade and Development, UNCTAD, Board, which was recently held in Geneva, in the presence of Mukhisa Kituyi, Secretary-General of UNCTAD and representatives of member states.
UAE minister of economy said that the conference will play a key role in supporting the development of least developed countries. The UAE has a strong partnership with it through several joint initiatives and activities that serve this cause.
Abu Dhabi’s hosting of this event is in line with the UAE’s efforts to support various initiatives aimed at achieving international consensus on E-commerce practices, that are witnessing steady growth, he noted.
He reiterated the wise leadership’s desire to further develop infrastructure and technology and enhance the country’s capabilities in smart services and e-commerce.
The event will contribute to the enhancement of external relations and trade ties with global markets, especially in the light of the ambitious development plans and specific economic initiatives launched as part of Abu Dhabi Government’s Accelerators Programme ‘Ghadan 21’.
All federal and local private sector companies and institutions are urged to take advantage of the benefits that would come from the UNCTAD World Investment Forum.
