UAE: Trade summits co-chaired with Barbados

In an unusual move, the UAE and Barbados have agreed to co-chair three major United Nations Conference on Trade and Development (Unctad) events next year. They had made separate bids to host the Unctad quadrennial conference but decided to join forces, with Barbados hosting the quadrennial conference in Bridgetown while Abu Dhabi hosts the World Investment Forum and the eCommerce Week for Asia. Uncta’s Trade and Development Board endorsed the plan on 25 June.