Page 61 - MOE ENGLISH PR REPORT- NOVEMBER 2024
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Press Release


               signing of comprehensive economic partnership agreements with several countries, including
               Jordan, Serbia, and Vietnam. These agreements play a crucial role in achieving the country's future
               economic objectives and solidifying its position as a global  trade  partner. Additionally, the
               Committee reviewed the progress made in the development of database and statistics for the UAE's
               services sector,  which  aims to bolster the digital ecosystem for trade, investment, and supply
               chains.

               In addition, the  meeting  evaluated  the progress made in  the implementation of  the Cabinet
               resolution  concerning  telemarketing regulations  to reduce intrusive  marketing calls. The
               participants explored the development of a monitoring system to ensure that the resolution is not
               bypassed by certain companies, and to ensure full compliance with it. Furthermore, the meeting
               reviewed the number of violations and penalties imposed by the relevant authorities in this regard.

               The Committee reviewed the Ministry’s efforts to increase the rate of patent registrations and
               promote an environment conducive to innovation and creativity in the country. These include the
               expansion of partnerships with local economic departments to develop new initiatives that bolster
               intellectual property  (IP) and ensure the implementation of recently introduced  IP system
               measures. The Committee also discussed the significance of the IP Finance project, which the
               Ministry has undertaken in collaboration  with the World  Intellectual Property Organization
               (WIPO). They explored ways to  promote  collaboration  among member entities to further the
               project's goal of enhancing financing opportunities in the country's IP sector. Additionally, it aims
               to launch initiatives that enhance the value of intangible assets for companies, strengthening the
               pillars of an innovative and knowledge-driven national economy.


               The meeting deliberated on various other topics aimed at enhancing collaboration, coordination,
               and the exchange of knowledge and  best  practices among the departments of economic
               development in the UAE.


                                                           -Ends-


               For further information, please contact:

               Orient Planet Group (OPG)
               Tel:  +971 4 4562888
               Email: media@orientplanet.com
               Website: www.orientplanet.com
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