Exploring the critical role of policies and standards in addressing the ethical challenges and trust issues identified in the "Ethics and Trust in AI" session. This session highlights how well-defined frameworks can ensure responsible AI use while fostering transparency and accountability. Additionally, it examines how advancements in AI technology can tackle interoperability challenges, enabling seamless integration across diverse systems and workflows. Attendees will gain insights into the importance of collaboration between industry leaders, policymakers, and technologists to shape a trustworthy and interoperable AI-driven future.