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Sharjah24
UAE Attends BRICS Trade Meeting
The United Arab Emirates participated in the BRICS Trade Ministers' Meeting for 2026, hosted by the city of Jaipur in India, with the participation of ministers and officials from the member countries. The discussions primarily focused on safeguarding the multilateral trading system, promoting inclusive trade, empowering small and medium-sized enterprises, and redefining global value chains amid digital transformation. Minister Thani bin Ahmed Al Zeyoudi emphasized the importance of strengthening economic cooperation between the UAE and BRICS countries, especially in digital trade and trade facilitation. He highlighted that non-oil trade between the UAE and BRICS nations grew by 28.5% in 2025, exceeding $312 billion. He also stressed the need to protect freedom of navigation in the Strait of Hormuz and called for its immediate reopening, with a focus on expanding economic cooperation and investment between the UAE and member countries.
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