The UAE Ministry of Industry and Advanced Technology (MoIAT) has declared its active participation in the establishment of a Centre for Industrial Competences, an initiative launched in collaboration with BRICS countries and the United Nations Industrial Development Organization (UNIDO), as a major step toward improving global industrial capability. This new center provides a strong venue for the exchange of skills, information, and experience among countries, revolutionizing the sector of industrial development.The statement was made at the much-anticipated eighth BRICS Industry Ministers Meeting, which brought together industry, trade, and technology ministers from a diverse range of countries including the UAE, Russia, Brazil, China, Egypt, Ethiopia, India, Iran, and South Africa. Russia chaired this conference, with the theme "Strengthening Multilateralism for Equitable Global Development and Security." This theme emphasizes the critical importance of collaborative effort in addressing the various issues of the New Industrial Revolution (NIR) and ensuring that industrial growth is inclusive and sustainable.
One significant outcome of this meeting is the Centre for Industry Competences, which is intended to serve as a focal point for establishing industry competencies and enhancing cooperation. Its purpose is to identify and address evolving difficulties in the global industrial scene while also seizing freshly given opportunities. The center intends to provide industries with the skills and information they need to thrive in a rapidly changing environment by facilitating collaboration among BRICS countries and beyond.
Omar Al Suwaidi, Under-secretary of the UAE Ministry of Industry and Advanced Technology, lauded Russia's leadership in organizing the conference and emphasized the importance of the BRICS nations on the global stage. "BRICS countries account for almost a third of the world's GDP and almost 45 percent of its population," Al Suwaidi told Reuters. "This offers a great chance for cooperative industrial advancement and environmentally friendly development."
The declaration released during the conference includes several specialized working groups, each of which focuses on major sectors critical to the future of business. These industries include the chemical industry, metals, small and medium-sized enterprises (SMEs), smart manufacturing, clean technology, and medical equipment. These working groups will be primarily responsible for driving innovation, boosting cooperation, and ensuring that BRICS members remain at the forefront of industrial progress.
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