Page 501 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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4/23/25, 4:27 PM  Economic Integration Committee Reviews Latest Developments In The Enhancement Of Economic Legislation To Bolster Competiti…
            In this context, His Excellency highlighted the key role played by the Economic Integration

            Committee in continually enhancing the UAE's economic legislation and policies, adopting

            innovative national initiatives, and enhancing cooperation and coordination with partners
            at both federal and local levels. These efforts have ensured greater alignment and

            coherence across the country's legislative and regulatory landscape, given that the UAE

            has introduced over 30 economic laws and resolutions in the past four years.



            The Minister of Economy said:“The UAE is ushering in a new phase focused on

            strengthening the competitiveness of its legislative environment in line with global best
            practices. This follows the Cabinet's approval of an integrated smart legislative system to

            guide the development of legislation and regulations across the UAE Government.

            Powered by artificial intelligence and advanced digital solutions, the system has enhanced

            the Committee's capabilities in proposing and developing economic legislation and
            policies, assessing their real-time impact on the business community, and streamlining

            coordination with relevant stakeholders in the country.” His Excellency explained that the

            new system will play a key role in achieving the national target outlined in the 'We the UAE

            2031' vision, which is to make the UAE the first globally in developing proactive legislation
            for new economic sectors by the next decade.



            Other topics discussed by the Committee include developments in the legislative and

            executive framework for regulating and protecting competition in the UAE. Emphasis was
            placed on the importance of organizing workshops and seminars in collaboration with

            relevant local entities to raise awareness on the importance of enforcing competition laws

            and policies across various economic sectors and preventing monopolistic practices.

            These efforts are aimed at achieving economic balance in the market and protecting
            consumer rights.



            Furthermore, the latest Committee meeting reviewed the progress made by the UAE

            Circular Economy Council so far, most notably the adoption of 22 circular economy

            policies across four main sectors: manufacturing, food, infrastructure, and transport. It also
            includes the establishment of the Circular Economy Policy Committee and the formation of

            partnerships with the UAE private sector to drive growth in sustainable technologies, clean

            energy, and waste management. The Committee reiterated its commitment to ensuring the
            effective implementation of these policies and accelerating the transition to a circular


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