Page 35 - SLC PR REPORT - OCTOBER 2024

10/31/24, 9:29 AM Ministry of Economy and SLC sign MoU to strengthen legal and institutional cooperation
comprehensive economic legislative framework, supervised by the General Secretariat of the Cabinet. This
framework has led to the development and issuance of over 30 legislations and resolutions in the past four years.”

HE added: “Our collaboration with the SLC offers promising opportunities for the sustaining the UAE’s legislative

development process. This partnership strengthens our collective expertise and knowledge exchange, enhancing
the competitiveness of the national business landscape. It also reaffirms the UAE's commitment to achieving global
leadership in formulating proactive legislation for emerging economic sectors, in line with the goals outlined in the
‘We the UAE 2031’ vision.”

H.E. Ahmad bin Meshar Al Muhairi commented: “Signing the MoU with the MOEC is a significant step towards
strengthening collaboration with federal and local government entities. This MoU reflects our commitment to
building a more flexible and sustainable legislative ecosystem, providing a robust framework that supports national
economic growth and aligns seamlessly with the UAE’s strategic goals. The MoU underscores our dedication to

expanding institutional collaboration, recognising the critical importance joint efforts in developing and future-
proofing the legislative system.”

The MoU will promote effective implementation of legislation by facilitating knowledge and expertise exchange, and
holding joint workshops and training courses to enhance legal skills. The MoU also ensures new legislation is
shared with the MOEC through official channels, along with its English translation.

Under the MoU, the MOEC and SLC will conduct joint research on existing legal issues, organise meetings to
discuss critical topics of mutual interest, collaborate on the implementation of legal projects with societal benefits,
and facilitate knowledge sharing through studies and research. The MoU scope further includes enhancing
institutional efficiency and participating in conferences, seminars, lectures, and workshops organised by either

party.

The MoU reflects a shared commitment to bolstering institutional cooperation, enhancing the business
environment, and streamlining legal and economic processes, thereby driving sustainable development, and
fostering innovation across public and private sectors, with a particular focus on the legislative field.

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