Emirates News Agency – UAE participates in G20 Summit, supports international cooperation to address economic and development challenges

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ABU DHABI, 14th November, 2022 (WAM) — The United Arab Emirates will participate in the G20 Summit in Bali, Indonesia, to be held from November 15-16 under the slogan: “Recover Together…Recover Stronger”, with a delegation from high-level ministers from the United Arab Emirates.

The high-level meeting, which includes major global economic powers, will discuss strengthening economic cooperation around the world to address economic and development challenges.

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the participation of the United Arab Emirates in the G20 summit is of great importance for the country, given the challenges facing the economy. world is facing. He also noted that in light of the challenges faced by developing countries in particular, the UAE remains committed to enhancing economic cooperation, serving as a reliable and responsible energy supplier and ensuring market stability. energy worlds. He also highlighted the UAE’s commitment to its ambitious clean energy innovation and investment agenda.

“The UAE’s participation in the G20 Summit as a guest country is part of its commitment to work with international partners to drive economic growth and achieve equitable development around the world,” said Son. Highness Sheikh Abdullah.

He noted that the UAE wants to strengthen regional and international cooperation and support stabilization and development. Furthermore, it will redouble its commitments to effective global action to achieve these goals.

Sheikh Abdullah added: “Improving economic outcomes in key sectors and ensuring that all societies live in dignity remain top priorities for the UAE as it participates in the G20 process this year. an extension of the foreign policy of the United Arab Emirates, which constantly seeks to support international partners and raise the voice of other countries that are not represented in these meetings.

Furthermore, His Highness noted that in his participation, the UAE will stress that dialogue and diplomacy remain the best options to build international solidarity and trust, address crises and build on common interests.

For his part, Ahmed Ali Al Sayegh, Minister of State and G20 Sherpa of the United Arab Emirates, explained that the United Arab Emirates, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, wishes to cooperate with the international community. and support all efforts to solve global challenges while enhancing prosperity.

He stressed that the UAE strongly supports the G20 process to address common challenges and encourage a balanced, sustainable and comprehensive global economic recovery.

Al Sayegh added: “The United Arab Emirates affirms its commitment to supporting the priorities set out at the G20 meetings and underlines the importance of this platform as a major economic forum that contributes to strengthening international cooperation and economic stability. “.

Furthermore, he underscored the importance of the outcomes of the G20 Summit in promoting cooperation to address pressing global challenges in a way that serves humanity as a whole. Al Sayegh said: “Based on our successful experience as the country invited by the Kingdom of Saudi Arabia to the G20 Summit in 2020, the UAE seeks to strengthen cooperation on a number of major issues through the through special committees and focusing on global health, food security, climate challenges, anti-corruption, digital innovation, women’s empowerment and other issues raised during the G20 process of this year.

For his part, Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention, said that the Ministry of Health and Prevention plays a central role in international issues during the G20 summit. Al Owais noted that UAE leaders have prioritized strengthening cooperation to achieve a resilient future capable of addressing health challenges and supporting the Sustainable Development Goals.

He underscored the important role the G20 is playing in supporting global efforts to combat the COVID-19 pandemic while promoting cooperation, coordination and the exchange of experiences among participating countries to enable health systems to get well.

Al Owais added: “The United Arab Emirates has been keen to work in a spirit of solidarity with the international community since the outbreak of the COVID-19 pandemic. It has been at the forefront of countries in providing medical aid which has reached over 135 countries and helped reduce the impact of the pandemic. Additionally, the UAE has supported the establishment of fully equipped field hospitals in various countries and harnessed its advanced transport capabilities to help expedite the delivery of COVID-19 vaccines worldwide.

He said the UAE, based on the guidance and support of its leadership, has skillfully managed the COVID-19 pandemic through the country’s advanced medical system, national strategy, preventive measures and forward-looking view.

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, noted that the UAE, through its participation this year in the financial track of the G20, has taken part in the advancement of key global flagship initiatives such as the launch the Pandemic Fund, which will play a key role in filling funding gaps in pandemic prevention, preparedness and response. He also said the UAE helped launch the Agriculture Climate Innovation Mission, which aims to increase investment in sustainable and innovative global food systems that are resilient to climate change. He noted that this is in addition to the country’s efforts to ensure global financial stability and promote long-term fiscal sustainability while advancing the G20 sustainable finance roadmap and agenda on scaling up investments in sustainable infrastructure.

“We look forward to the outcomes of the Leaders’ Summit on the most pressing challenges facing the global economy. These include achieving economic recovery from the COVID-19 pandemic, tackling inflation, and controlling food, fertilizer and energy prices. This is in addition to identifying the best way to tackle climate change and mitigate its impact, as well as implementing the G20 sustainable finance plans,” said Al Hussaini.

For his part, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed the need for international cooperation and joint action to decisively address the energy and climate challenges resulting from the rapid global changes in these last years. He said the UAE is constantly working with various countries to advance sustainable development and implement cutting-edge energy projects. He also noted that the UAE supports the commitments and priorities set out by international charters and standards that align with UAE government guidelines.

Al Mazrouei explained that the UAE is committed to strengthening dialogue with all countries through international organizations to address energy and climate challenges. He noted that the UAE is committed to upholding international standards and fostering partnerships in efforts to achieve comprehensive sustainable development.

In this vein, he also claimed that the UAE seeks to maximize energy efficiency alongside its efforts to reduce emissions and carbon consumption. He noted that the UAE maintains a clear and ambitious approach in diversifying its energy mix while advancing the transition to clean sources. Current efforts, he continued, aim to strike a balance between cost, sustainability and security, in addition to fostering development and prosperity.

For her part, Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, said, “We thank the Republic of Indonesia for inviting the United Arab Emirates to participate in the G20 process this year. We reaffirm our commitment to cooperate with all nations within the framework of the G20 to promote equitable sustainable development in the world, particularly in underrepresented countries. We hope that the Leaders’ Summit will focus on scaling up collective climate action; the protection, preservation and restoration of ecosystems; and addressing the transformation of food systems and food security challenges around the world.

“The need of the hour is for a participatory approach that brings together governments, private sector stakeholders, non-profit organizations, academia and civil society while empowering youth, women and communities We must show solidarity by forging meaningful regional and global partnerships that can help address common challenges proactively and systematically rather than reactively.

Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, reiterated the UAE’s belief in joint action, global cooperation and efforts to designing whole-of-society solutions that guarantee economic growth, improve healthcare and drive digital transformation through cutting-edge technologies.

He said the Summit represents a global platform to boost economic collaboration and anticipate the next phase of development, adding that digital transformation is a key pillar of the UAE’s vision for a better knowledge-based future, data, technology and multilateral collaboration with international partners. companies.

Al-Olama further commended Indonesia’s efforts to host the G20 summit and the ministerial meetings, working groups and engagement groups that are held throughout the year. He also welcomed the adoption of the digital economy as a priority in the G20 agenda to promote social development and strengthen international efforts to achieve global prosperity.

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