Page 165 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 165
11/3/25, 11:41 AM The UAE confirms its support for joint Gulf efforts aimed at developing economic legislation
He explained that the committee represents a pivotal platform for coordinating Gulf economic policies and increasing the
region’s openness to global trade.
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He pointed out the importance of continuing cooperation in developing unified Gulf legislation, such as competition laws,
consumer protection, and digital trade.
In order to establish a more integrated economic environment open to investments and economic and investment
opportunities.
He explained that small and medium enterprises and entrepreneurship represent a fundamental pillar of sustainable
development.
This requires activating more joint programs and initiatives to empower entrepreneurs, provide financing and insurance
channels, and provide integrated services that facilitate their integration into regional and global value chains.
The committee discussed mechanisms to enhance cooperation between the GCC countries and major economic blocs, to
support their presence in global markets.
The meeting also reviewed efforts made to support the investment environment.
In addition to developing unified Gulf trade legislation, including competition law, and the legislative framework for e-
commerce and digital commerce.
This enhances legislative flexibility and supports the digital economy as a key driver of future growth, in addition to
reviewing initiatives to support entrepreneurship.
The meeting also included following up on preparations for holding the second ministerial meeting of economy and trade
ministers between the GCC countries and the People’s Republic of China.
This is to discuss prospects for cooperation between the GCC countries and China and ways to expand economic and
investment partnerships between the two sides.
https://www.voiceofemirates.com/en/emirates/2025/10/30/the-uae-confirms-its-support-for-joint-gulf-efforts-aimed-at-developing-economic-legislation/ 2/2
