The UN Global Industry Summit concluded with the adoption of the “Riyadh Declaration,” a comprehensive statement outlining commitments to strengthen international cooperation in industrial development, innovation, sustainability, and support for emerging economies. The declaration underscores Saudi Arabia’s growing role in shaping global industrial dialogue and driving collaboration across governments, institutions, and major corporations.
The summit brought together an extensive lineup of industry leaders, policymakers, international organizations, and experts in technology, energy, and economics. Discussions focused on the importance of modernizing global supply chains, leveraging advanced technologies such as artificial intelligence and digital transformation, and raising industrial productivity through innovation.
Participants highlighted the urgent need for inclusive partnerships between advanced economies and developing nations to accelerate progress toward clean energy transitions and to empower small and medium enterprises to compete on a global scale.
The Riyadh Declaration emphasized several key principles, including:
Driving industrial transformation through advanced technologies.
Expanding investment in renewable energy and reducing emissions.
Creating an ecosystem that fosters innovation and entrepreneurship.
Promoting fair trade and improving market accessibility.
Strengthening international collaboration to address shared industrial challenges.
The declaration is viewed as a pivotal step toward aligning global priorities and establishing a more resilient, sustainable, and interconnected industrial future—one that supports economic security and opens new pathways for growth worldwide.
