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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…

UAE joins BRICS Memorandum of Understanding on

Competition to enhance international cooperation in

competition and combating monopolistic practices

By PR News Desk 17/09/2025

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

global growth. It also expands opportunities to forge advanced partnerships with counterparts in major
economies and emerging markets, while supporting knowledge transfer and the development of national
capabilities in the field of competition.

In this context, H.E. Safia Al Safi, Assistant Undersecretary for Control and Commercial Governance
Sector at the Ministry of Economy and Tourism, emphasized that joining the Memorandum of
Understanding, signed by the competition authorities of the BRICS countries, is an important step toward

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