Page 37 - SLC PR REPORT - OCTOBER 2024

10/31/24, 9:29 AM Ministry Of Economy And SLC Sign Mou To Strengthen Legal And Institutional Cooperation
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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