UAE Minister Optimistic Trade Flows Will Keep Growing This Year

The video discusses the positive momentum in global trade, highlighting the UAE's significant growth in non-oil foreign trade, which surpasses the global average. Despite geopolitical challenges and trade disruptions, the UAE has shown resilience. The recent ceasefire is expected to boost business sentiment, attract investments, and enhance infrastructure development. The UAE has signed several SEPA agreements, which are anticipated to have a substantial economic impact, increasing foreign trade and attracting talent and investments to the region.

What is the main reason for the optimistic outlook on global trade growth in the UAE?

• Reduction in global tariffs

• Increase in local production

• Cooling down of geopolitical tensions

• Decrease in oil prices

How have businesses adapted to trade disruptions over the past years?

• By maneuvering and adopting resilience

• By increasing prices

• By halting operations

• By reducing workforce

What is expected to encourage more business investments according to the second section?

• Increase in taxes

• Infrastructure developments

• Decrease in commodity prices

• Reduction in workforce

Which regions are mentioned as potential partners for new trade agreements?

• North America and Europe

• South America and Africa

• Asia and Africa

• Australia and Antarctica

What is the projected direct impact of trade agreements on the UAE's GTV by 2030?

• 4.5% to 5.0%

• 3.8% to 4.0%

• 2.5% to 3.0%

• 1.5% to 2.0%