Page 493 - MOE ENGLISH PR REPORT - JANUARY 2024
P. 493
1/16/24, 5:12 PM Ministry of Economy reviews the new Consumer Protection Law and its implementing regulation
Ministry of Economy reviews the new Consumer Protection Law and its implementing regulation
UAE
Ministry of Economy reviews the new Consumer
Protection Law and its implementing regulation
H.E. Al Saleh: The law and its regulation mark a real turning point in government’s efforts to
develop the UAE’s consumer protection system
Press Release
January 11, 2024
Abu Dhabi:
The Ministry of Economy held a briefing session today, during which it reviewed the main developments
concerning the legislation and policies for the development of the UAE’s consumer protection system.
These include Federal Decree Law No. 5 of 2023 amending the Federal Law No. 15 of 2020 on
consumer protection, and its executive regulation issued by Cabinet Decision No. 66 of 2023. The
briefing took place in the presence of H.E. Abdullah Al Saleh, Undersecretary of the Ministry of Economy.
H.E. Al Saleh said: "The new Consumer Protection Law and its implementing regulation represent a real
milestone in the government’s efforts to develop the country's consumer protection system in
accordance with best practices. It has two dimensions: the first is the strengthening of the role of the
local authorities in the enforcement of the consumer protection law more effectively by granting them all
the necessary legislative powers. They have been granted inherent legal competencies in: i) receiving,
https://www.zawya.com/en/press-release/government-news/ministry-of-economy-reviews-the-new-consumer-protection-law-and-its-implementing-reg… 1/8