Page 524 - MOET PR REPORT- SEPTEMBER 2025
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9/18/25, 4:36 PM UAE joins BRICS Memorandum of Understanding on Competition to enhance international cooperation in competition and combati…
economic policies.
Participation in BRICS Competition Conferences
The UAE participated in the 9th International BRICS Competition Conference
2025 and the 19th Annual Conference on Competition Law, Economics, and
Policy, which drew extensive participation from heads and representatives of
competition authorities from across member states, alongside a number of
experts, specialists, and academics.
The UAE’s participation underscores its commitment to strengthening its
presence in international economic forums and supporting global efforts to
develop competition policies and combat monopolistic practices. These efforts
contribute to sustainable economic growth and enable the UAE to keep pace with
transformations in the global economy.
The events featured extensive discussions on the most pressing economic
challenges related to competition in BRICS countries. Participants examined the
interplay between competition, sustainability, trade, and investment, and explored
the implications of rapid developments in digital markets and AI technologies.
Sessions also highlighted the need to develop legislation capable of keeping pace
with these changes while ensuring fair competition.
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