Page 962 - MOE ENGLISH PR - MAY 2024
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5/10/24, 9:17 AM  UAE reiterates support for GCC efforts to enhance intra-regional trade and investment flows & establish legislative frameworks for …
                     opportunities, supporting entrepreneurs and SMEs,


                     establishing new frameworks for investment and


                     advancing progress on the GCC Commercial Arbitration


                     Center. The session also explored potential amendments


                     to commercial laws on consumer protection,


                     competition regulations, e-commerce, and digital trade.



                     The UAE delegation included Abdullah Ahmed Al Saleh,


                     Undersecretary of the Ministry of Economy; Abdullah


                     Sultan Al Fan Al Shamsi, Assistant Undersecretary of the


                     Ministry of Economy for the Control and Commercial


                     Governance Sector; and Juma Mohammed Al Kait,


                     Assistant Undersecretary for International Trade Affairs.


                     Dr Thani Al Zeyoudi confirmed that the UAE is


                     committed to supporting the GCC’s efforts in boosting


                     regional integration and prosperity, stating that it serves


                     the interests of all member states, enhances the



                     competitiveness of local businesses, and fosters


                     partnerships in key economic sectors.


                     He said: “We very much welcome the Trade Cooperation


                     Committee’s ongoing efforts to boost the regional


                     business environment, particularly in regards to


                     attracting foreign investment, prioritizing support for




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