Page 49 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)
P. 49

Press Release



               across the seven emirates. Moreover, the meeting reviewed efforts by the MoEc team headed by
               H.E. Al Zeyoudi in developing the Federation of Chambers of Commerce and Industry. It will
               enhance the role of the chambers in representing the UAE in foreign markets and support the
               partnership and cooperation between local chambers and the private sector.

               Finally, the Committee discussed the draft law on special economic zones, which aims to transform
               free zones into special economic zones that apply the GCC  customs law. This will  enable
               businesses established in these zones to export to GCC and Arab countries and benefit from duty
               exemptions, thereby enhancing the competitiveness of trade in the UAE.

                                                           –Ends –

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