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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
NEWS
UAE Joins BRICS Memorandum Of Understanding On Competition
To Enhance International Cooperation In Competition And
Combating Monopolistic Practices
Cooperation to facilitate the exchange of expertise and best practices in the enforcement of
competition laws, fostering more transparent and dynamic markets
By Editor_wr Last updated Sep 17, 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.
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