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.
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