UAE calls for integrated global economic system at APEC forum

On behalf of UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has led the UAE delegation at the Asia-Pacific Economic Cooperation (APEC) forum in Gyeongju, attended by leaders and delegations from major global and regional economies.

Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan delivered the UAE’s address, opening by conveying the warm greetings of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, to the participating leaders and expressing his sincere wishes for the forum’s success in expanding strategic partnerships in ways that serve member states and benefit their peoples.

Sheikh Khaled Bin Mohamed highlighted that the world is facing economic challenges and transformations that call for stronger international cooperation to achieve inclusive and sustainable growth by transforming competitive advantages into bridges for new partnerships across key sectors.

He affirmed that the United Arab Emirates firmly believes that overcoming these challenges requires building an integrated global economic system that is rooted in multilateralism and openness to regional and international markets, to create new avenues for collaboration, ensure stability and safeguard shared economic interests.

Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan extended special thanks to President Lee Jae-myung for the invitation to this important gathering and expressed deep appreciation for the excellent organisation of the summit and the generous hospitality, reiterating the UAE’s commitment to working together to drive sustainable development and shared prosperity for all.

The APEC forum serves as a vital platform for strategic dialogue to expand economic partnerships by scaling trade and supporting joint investments in priority areas such as advanced technologies, digital transformation, artificial intelligence, precision industries, healthcare and other key sectors.

The forum was attended by Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority; Dr Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Saeed Bin Mubarak Al Hajeri, Minister of State; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; Maryam Eid AlMheiri, Chairperson of Abu Dhabi Media Office and Advisor of Strategic Relations at the Crown Prince Court; and Abdulla Saif Al Nuaimi, UAE Ambassador to the Republic of Korea.

Sheikh Khaled also met with John Lee, Chief Executive of Hong Kong, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum, which brings together leaders and heads of government from 21 APEC member states. 

The meeting explored ways to enhance strategic partnerships and support the development of new opportunities for collaboration across key sectors of mutual interest, contributing to sustainable development and shared prosperity for both sides.

Sheikh Khaled met with Lawrence Wong, Prime Minister of Singapore, on the sidelines of the Asia-Pacific Economic Cooperation forum, taking place in Gyeongju.

The meeting discussed the close bilateral relations between the UAE and Singapore and explored avenues to strengthen and expand them to reach broader horizons of strategic partnership and cooperation in areas of mutual interest, serving common goals and fulfilling the aspirations of both nations and their peoples.

Sheikh Khaled also met with Christopher Luxon, Prime Minister of New Zealand, on the sidelines of the Asia-Pacific Economic Cooperation forum, in which the UAE is participating as a guest of honour at the invitation of the President of the Republic of Korea.

The meeting discussed the bonds of friendship and bilateral cooperation between the UAE and New Zealand, and ways to further strengthen and advance close ties in support of the shared interests of both nations.

The two sides also reviewed several areas of mutual interest and explored opportunities for collaboration in economic and investment fields, as well as the exchange of expertise and knowledge across priority sectors.

Later in the day, Sheikh Khaled departed the Republic of Korea after leading the United Arab Emirates delegation at the forum on behalf of the UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan.

WAM