The nomination of Jesus Seade to lead the World Trade Organisation (WTO) is a sign of the country's commitment to the multilateral order, according to a statement from Mexico’s ministry of foreign relations.
Mr Seade, who is currently the WTO's deputy secretary for North America, was nominated for the post of director-general of the WTO by Mexico’s President Andrés Manuel López Obrador earlier this month.
“Mexico is nominating a strong candidate with the experience and ability to represent the best global interests in free trade, at a key moment for protecting and promoting multilateralism and international cooperation,” it said.
Mr Seade played a key part in renegotiating the North American Free Trade Agreement with the United States and Canada, which is scheduled to come into effect from July.
The WTO post will become vacant at the end of August after incumbent Roberto Azevedo, from Brazil, said he would step down a year early.
Mr Seade “has an extensive understanding of the economies and trade dynamics in Africa, Latin America, Asia, Europe, the Middle East and North America, and well-established relationships with the leading actors in world trade,” the statement said. “His long experience in the most important international economic organisations —including the General Agreement on Tariffs and Trade, the International Monetary Fund, the World Bank and the World Trade Organisation itself— is a proven track record of his abilities within these key multilateral trade institutions.”
He also represented Mexico as the chief negotiator to the Uruguay Round of multilateral trade negotiations that led to the creation of the WTO in 1995 and served as its founding deputy director-general.
Mr Seade worked as a senior adviser at the IMF and was responsible for managing the Washington-based lender’s policies on the financial crises in Argentina, Turkey and Brazil.
The senior official from Mexico studied Chemical Engineering at the National Autonomous University of Mexico and received both a master's and doctoral degrees in economics from the University of Oxford, England.
if you go
The flights
Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com
Seeing the games
Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com
Staying there
Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com
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Mountain%20Boy
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Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
if you go
The flights
Air France offer flights from Dubai and Abu Dhabi to Cayenne, connecting in Paris from Dh7,300.
The tour
Cox & Kings (coxandkings.com) has a 14-night Hidden Guianas tour of Guyana, Suriname and French Guiana. It includes accommodation, domestic flights, transfers, a local tour manager and guided sightseeing. Contact for price.
Brief scores:
Toss: Northern Warriors, elected to field first
Bengal Tigers 130-1 (10 ov)
Roy 60 not out, Rutherford 47 not out
Northern Warriors 94-7 (10 ov)
Simmons 44; Yamin 4-4
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How to turn your property into a holiday home
- Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
- Research equivalent Airbnb homes in your location to ensure competitiveness.
- Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
- Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
- Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km