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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 SMEs,
expediting business startup programs, easing export procedures, amending
the rules and regulations governing trade, and promoting investment flows
among member nations under the GCC Free Trade Agreement. It’s clear the
committee’s work will help generate investment prospects for local
entrepreneurs and project owners and enhance the sustainability, growth, and
global competitiveness of GCC economies.”

During comprehensive discussions on ways to invigorate the GCC business
landscape and foster collaboration frameworks among member states, the
committee highlighted the need to streamline import and export processes
and prioritize GCC SMEs in government tenders.

The Committee also deliberated on various mechanisms to assist to the
region’s entrepreneurs. These strategies include implementing training
programs, facilitating the exchange of expertise and experiences, promoting
investment and partnerships, initiating business accelerator and establishment
programs, as well as facilitating the registration of patents across all member
states. The objective is to harness the growth enablers of the private sector.

https://en.aletihad.ae/news/uae/4483017/uae-reiterates-support-for-gcc-efforts-to-enhance-intra-
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