UAE named as the Middle East's most Globalized Country

UAE is among the five countries (other being Mexico, The Netherlands, Sierra Leone and Viet Nam) which have stood out for their strong or rising connectedness over the past two decades.

In honour of the 10th anniversary of the DHL Global Connectedness Index, DHL and the NYU Stern School of Business highlight strong links between global connectedness and prosperity in a special report.

This report shows how policymakers can actively impact the connectedness of their countries. Five key areas for improving a country’s connectedness are peace and security, an attractive domestic business environment, openness to international flows, regional integration, and societal support. Remarkably, an attractive domestic business environment may boost a country’s global connectedness even more than traditional pro-globalization policies.

Amadou Diallo - CEO, DHL Global Forwarding Middle East & Africa, said,

“Even as global trade set new records in early 2021, countries with the lowest per capita incomes were still trading less than they did in 2019. The world’s poorest countries are still dangerously disconnected, which means that bolstering the foundations of a connected world – and better integrating less developed countries – could help countries recover faster and build resilience for the future. Looking at the Middle East, the UAE’s pre-eminent position as the most globalised nation in the region is an outcome of economic development strategies that aggressively pursued growth via globalization, strongly supported by the private sector and public,”

John Pearson, CEO DHL Express, said,

“Many feared that the global crisis would jeopardize the progress of globalization. We have been analyzing the various international flows worldwide for years and after 1.5 years of the pandemic, we can now safely assure: the pandemic has not caused globalization to collapse. After initial dips in 2020, the DHL Global Connectedness Index is already on the rise again this year,”

“Trade has provided a lifeline for countries around the world, and DHL Express has played a key role in areas ranging from vaccine distribution to e-commerce.”

News Source: Dubai PR Network