Page 521 - MOET PR REPORT- SEPTEMBER 2025

9/18/25, 4:36 PM Latest News

UAE joins BRICS Memorandum of Understanding

on Competition to enhance international

cooperation in competition and combating

monopolistic practices

18/09/2025

Cooperation to facilitate the exchange of expertise and best practices in the

enforcement of competition laws, fostering more transparent and dynamic markets

Abu Dhabi, 17 September 2025:
The UAE joined the BRICS Memorandum of Understanding on Competition during its participation in the

meeting of BRICS competition authorities hosted by South Africa recently. The MoU aims to strengthen
international cooperation in the field of competition, enhance mechanisms to combat monopolistic practices,

facilitate the exchange of expertise and knowledge, and develop effective policies in this vital area.
The move is part of the UAE’s ongoing efforts to cement its role as an active strategic partner in driving

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