WAM
His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah was one in every of almost 50 leaders from all over the world on the “Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism,” summit in Johannesburg.
During the gathering, BRICS leaders introduced the UAE’s inclusion as a brand new BRICS member nation and His Highness expressed confidence within the energy of the UAE’s economic system and world affect. “Under the wise leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and guided by our steadfast principles and values, our nation is dedicated to accelerating international efforts by leveraging BRICS’s ambitious platform to overcome shared challenges such as climate change, global imbalances and development gaps, but also to establish strong foundations to further enhance prosperity, progress and stability on a global scale.” He mentioned.
His Highness additional highlighted, on the fifteenth BRICS assembly, that the UAE has all the time been an advocate of the rules underpinning BRICS’ targets and has performed a big function in supporting its worldwide agenda. “We recognise the expansion of BRICS as an important opportunity to create a multilateral leadership model that nurtures and enriches the principles of inclusivity, tolerance and mutual respect, particularly within the region of the Global South.”
His Highness identified that the UAE is among the many distinguished commerce and funding companions of BRICS, with non-oil commerce between the UAE and member nations reaching US$677 billion. Additionally, funding flows amounted to US$38 billion between 2018 and 2022.
