UAE Embassy Hosts Technology and Trade Event

Recent geopolitical shifts have profoundly affected international trade relations, particularly between the U.S. and China, as well as with Russia. The U.S.-China trade relationship has devolved from cooperative beginnings to a trade war and serious challenges to the international order, especially after China's accession to the WTO and subsequent conflicts. Similarly, Russia's relations with Western nations soured after its annexation of Crimea and the invasion of Ukraine, leading to significant economic repercussions and supply chain disruptions. Concurrently, technology transfer policies have evolved, with countries prioritizing intellectual property rights to foster innovation and address emerging geopolitical risks. In the U.S., the potential introduction of higher tariffs is projected to negatively impact GDP and equity markets, particularly as the 2024 election approaches. Events like the one hosted by the UAE Embassy highlight ongoing discussions about trade, investment, and technology collaboration in this changing landscape.