The Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al -Zyoudi, stated that the UAE is at the forefront of the list of the most developed countries in digital trade, as its total exports of digital services reached 47.91 billion dollars (176 billion dirhams) in 2023, with a growth of 5% compared to 2022, pointing out that the countries that adopt trade policies adopt artificial intelligence, and conclude digital trade agreements, will lead the economy Global in the next decade.
Economic partnership
In detail, the comprehensive economic partnership agreements, which the UAE concludes with the countries of the world pave the way for Emirati companies to play a pivotal role in the world of digital trade, and enhance their opportunities in drawing the future of this sector.
The adoption of technology is one of the most prominent pillars of the UAE’s strategy to build a future economy, and it has succeeded in integrating advanced technology in the sectors of the national economy, and all areas of life, which strengthened its active role in shaping global digital trade standards, and the UAE is actively working to benefit from emerging technologies to facilitate its foreign trade with the world, by expanding the use of artificial intelligence and customs clearance supported by the technologies Chen. ”
The comprehensive economic partnership agreements that the UAE concludes extend beyond traditional trade, as each of them included a dedicated chapter on trade in services, with a strong focus on digital services.
Digital trade
The Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al -Zyoudi, said in a statement to the Emirates News Agency «WAM) that“ the UAE is at the top of the list of the most developed countries in digital trade, as its total exports of digital services reached 47.91 billion dollars (176 billion dirhams) in 2023, with a growth of 5% compared to 2022, ”explaining that more than 63% of international services exports are provided in digital sectors Head such as financial technology, insurance, consulting and software development.
He added that «artificial intelligence is no longer just a empowerment factor, but rather has become the basis of the next generation of trade systems, which changes how goods and services are transmitted around the world», stressing that countries that adopt trade policies adopt artificial intelligence and conclude digital trade agreements, will lead the global economy in the next decade.
Emirati companies
Comprehensive economic partnership agreements contribute to providing opportunities for Emirati companies for innovation, expansion and competition globally, as each agreement includes a chapter dedicated to intellectual property, which would guarantee the protection of innovators, brands and content makers in the Emirates when entering new markets, and these agreements also give Emirati companies, whatever their size, confidence to expand globally while protecting their intellectual property.
The UAE launched the “Commerce Technology Initiative”, in cooperation with the World Economic Forum, which includes two main elements, namely the “Regulatory Environmental Environment Laboratory”, which enables companies and organizers to develop adaptable advisory regulations to launch the capabilities of emerging commercial technologies, and “Trade Technology acceleration”, through which startups that build leading solutions to global trade are supported by linking startups with innovative players to players with players The two presidents, such as logistical services and commercial partners, and enabling them to convert their operations with advanced technologies.
In Abu Dhabi, the Abu Dhabi Advanced Trading and Logistical Services “ATLP” is a sophisticated system that works with artificial intelligence, and it merges air, land and sea operations in one smooth commercial system, more than 20 data sources use (naval, air, railway, organizational, financial and economic), allowing tracking goods in actual time and an auxiliary analyzes of supply chains The most intelligent, as well as reducing the temporal burden on workers, by 50 to 90% and thus allowing them to focus on tasks of higher value.
In turn, the DP World’s shipping centers management has achieved a major boom in the field of customs operations using artificial intelligence tools, which makes trade faster, more intelligent and efficient, and it uses artificial intelligence models and machine learning to enable shipping centers to analyze historical data to solve wrong classifications without manual intervention.
Creative content
Technologies, brands and creative content developed in the UAE are now protected in the markets of all countries that have been concluded with comprehensive economic partnership agreements with them, as patents and brands are recognized faster, and Emirati companies are also receiving the same legal protection that local companies enjoy in partner countries, which enables them to license, sell and expand their scope with confidence.
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