UAE Engages in Inaugural G20 Sherpa Meeting

by Dubaiforum
4 minutes read

Title: UAE's Active Role in G20 Preparations: A Step Towards Global Economic Cooperation

Abstract: The United Arab Emirates, represented by Ambassador Mahash Saeed Al Hameli, engaged in the inaugural G20 Sherpa Meeting in Johannesburg, marking a pivotal milestone as the world prepares for South Africa’s G20 presidency in 2025.

In a significant development for international diplomatic relations, a delegation from the United Arab Emirates (UAE), spearheaded by Mahash Saeed Al Hameli, the UAE Ambassador to South Africa, participated in the first G20 Sherpa Meeting held in Johannesburg. This meeting is part of the broader preparations leading up to the G20 summit scheduled for 2025, an event that holds particular relevance as it will be South Africa’s historic presidency—the first of its kind for any African nation. Adding to the weight of this occasion, the African Union was conferred with permanent membership of the G20 in 2023, further underscoring the summit’s implications for the continent as a whole.

The G20, which comprises the world’s major economies, focuses on key issues related to the global economy, international trade, and sustainable development. At the helm of the Johannesburg gathering, Ronald Lamola, South Africa’s Minister of International Relations and Cooperation, articulated the nation’s intentions and priorities for its G20 presidency. The agenda emphasized critical areas such as inclusive economic growth, industrialization, employment reduction, addressing inequality, fortifying food security, and harnessing the potential of artificial intelligence (AI).

In order to effectively navigate these pressing issues, it was announced that three specialized task forces would be established. These entities are expected to delve into the intricacies of the agenda and propose actionable solutions that take into account the diverse challenges faced by member nations, especially those emerging from the African continent.

Ambassador Al Hameli took the opportunity to communicate the UAE’s steadfast commitment to enhancing South Africa’s G20 ambitions, recognizing the necessity for constructive input from all countries involved. He expressed gratitude towards South Africa for facilitating the UAE’s participation in the G20 process and lauded Brazil for its successful hosting of the G20 summit in 2024. Such acknowledgments reflect a spirit of cooperation that is essential for the advancement of meaningful dialogues among these global powers.

The G20 Finance and Central Bank Deputies’ meeting, which occurred shortly thereafter on December 11, 2024, in Johannesburg, further accentuated the UAE’s active role within this framework. Ibrahim Al Zaabi, the Assistant Governor of the UAE Central Bank, led the UAE’s delegation, underscoring the importance of financial stability and collaboration among central banks as a cornerstone for sustainable economic growth worldwide.

The UAE’s invitation to partake in the 2025 summit, themed “Solidarity, Equality, and Sustainability,” marks a notable milestone, as it signifies the country’s sixth engagement with the G20 and the fourth successive opportunity to partake in decisions that shape global economic trajectories. This recurrent inclusion not only highlights the UAE’s rising influence on the world stage but also its alignment with multilateral cooperative efforts aimed at fostering sustainable development to benefit the global populace.

In addition to its participation in the G20, the UAE’s recent accession to BRICS in 2024 positions it as a formidable player within the landscape of international diplomacy and economic collaboration. These developments are indicative of a broader strategy in which the UAE seeks to enhance its diplomatic footprint and foster alliances that contribute to sustainable economic prosperity.

As the world stands at a crossroads confronting geopolitical tensions, economic instabilities, and environmental crises, gatherings such as the G20 Sherpa Meeting serve as critical platforms for dialogue and cooperation. In this regard, the UAE’s active role underscores its commitment not only to its national interests but also to the collective goals of the G20 and the global community.

The weight of these discussions in Johannesburg cannot be understated; they represent an opportunity for leaders to collaborate on initiatives that not only address immediate economic challenges but also cultivate a resilient international economic framework for future generations. In a rapidly changing global landscape, the relationships forged and the policies shaped during such meetings will undoubtedly reverberate far beyond the confines of the summit itself.

Tags: #EconomyNews #BusinessNews #UAE #SouthAfrica

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