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The UAE Cabinet has approved 24 national initiatives aimed at doubling its re-exports over the next seven years, benefitting from its 50 commercial offices around the world.
This was revealed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, who chaired the event at Qasr Al Watan in Abu Dhabi, according to a WAM report. UAE cabinet meeting.
Sheikh Mohamed said: “We will double the country’s re-exports by developing specialized areas in cooperation with local governments, establishing international trade contact centers, launching support programs and increasing foreign investment in services.
Attracting talent
“The meeting reviewed more than 19 initiatives to attract talent to the country. The UAE ranks second globally in the ‘Competent Senior Executives’ indicator. Our aim is to attract the best talent in the world as we continue to empower and support our Emirati talents and national cadres.”
He noted: “We reviewed the results of the High Council’s free trade negotiations. We signed 4 international agreements with 4 countries. The positive impact of international agreements is clearly reflected in the UAE’s foreign trade figures.”
Sheikh Mohammed said: “The conference approved the hosting of the International Union for Conservation of Nature (IUCN) World Dialogue Congress (IUCN) in 2025, which will attract more than 10,000 experts from more than 160 countries. The UAE will remain a leader in sustainable development, nature conservation and leading center of conservation.”
“We approved the reform of the UAE Digital Welfare Council, chaired by Sheikh Saif bin Zayed Al Nahyan, for a period of three years, and the Reform of the UAE Genomics Council chaired by bin Zayed Al Nahyan,” he concluded.
National Re-export Development Agenda 2030
The UAE Cabinet approved the National Agenda for Re-Export Development 2030, which includes 24 initiatives and plans aimed at achieving a 50% increase in value-added to the UAE economy through re-exports by 2030 by benefiting from 50 integrated business representatives of the UAE on five continents of the world There are offices. Targets of the agenda include doubling re-exports by 2030.
High Commission Free Trade Negotiations
The Cabinet reviewed the outcomes of the 2022 High Council Free Trade Negotiations, which included four Comprehensive Economic Partnership Agreements (CEPAs) signed by the UAE, India, Israel, Indonesia and Turkey, as well as a new CEPA with China Negotiate with various trading partners.
The Cabinet reviewed a report on the 2022 economic outcomes of the Comprehensive Partnership Agreement between the UAE and the Republic of India. As of the end of September 2022, the non-oil trade volume between the two countries will reach 79.3 billion dirhams (22 billion US dollars), an increase of 23% over the same period in 2021 and an increase of 133% over 2020.
The UAE’s non-oil exports to India during the same period amounted to AED 19.7 billion, an increase of 12% compared to the same period in 2021 and an increase of 154% compared to 2020.
The meeting also reviewed the achievements of the Talent Council in 2022, the UAE’s position of excellence in the IMD World Talent Ranking 2022, and the initiatives and programs launched by the Council, which included the implementation of some 19 initiatives.
new federal law
The UAE Cabinet has approved a new federal law to replace Federal Decree No. (16) of 2018 on federal government real estate. The new law aims to organize federal government properties according to the vision of the UAE.
In addition, the Cabinet approved a new Federal Law to replace Federal Law No. (26) of 1981 on the Maritime Code by creating special legislation allowing foreign shipowners to register their ships under the UAE flag and granting the country’s citizenship to the country. Ship in accordance with national rules and requirements, as well as international best practice.
The meeting approved a federal decree on the restructuring of the Higher Technical Colleges (HCT), in addition to a ministerial decision adopting the UAE’s approach to aircraft and unmanned aerial vehicle (Drones) products and systems in the country.
international agreement
The UAE Cabinet approved the ratification of the Comprehensive Economic Partnership Agreement with the Republic of Turkey. In addition, the Cabinet approved an agreement with Côte d’Ivoire, as well as an agreement between the government and the International Office of Epizootics (IOE).
Also, during the meeting, the cabinet approved the country’s accession to the Arab Customs Cooperation Agreement and the Digital Economy Partnership Agreement (DEPA). It also approves the UAE to join the Climate Agriculture Innovation Mission.
In addition, the meeting approved the hosting of the International Union for Conservation of Nature (IUCN) World Dialogue Congress (IUCN) in Abu Dhabi in 2025, attracting more than 10,000 experts from more than 160 countries and aiming to highlight the country’s efforts in protecting nature and biodiversity. Efforts. The Ministry of Climate Change and Environment and UNEP-Abu Dhabi are coordinating with the relevant authorities to implement the decision.
Reforming the UAE Digital Welfare Council
The meeting approved the reform of the UAE Digital Welfare Council for a three-year period, chaired by Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior. New members of the committee include the Minister of Community Development as Vice-Chair; Representative of the Ministry of Education; Representative of the Ministry of Justice; Representative of the Ministry of Community Development; Representative of the Ministry of Culture and Youth; Representative of the Office of the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; Principal; a representative from the Telecommunications and Digital Government Regulatory Authority (TDRA); two representatives from local authorities related to smart government and digital transformation; and parent representatives.
Reform of the UAE Genomics Council
The Cabinet approved the reform of the UAE Genomics Council, chaired by Sheikh Khaled bin Mohamed bin Zayed, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office.
The board includes Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention; Sarah Al Amiri, Minister of State for Public Education and Advanced Technologies; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Working Applications; Mansour Ibrahim Al Mansouri, Chairman, Abu Dhabi Department of Health (DoH); Yousif Mohammed Al Serkal, Director-General, UAE Health Services; Dubai Health Authority (DHA) Awadh Seghayer Al Ketbi, Director General; Dr. Amer Ahmed Sharif, CEO, Dubai Academic Health Corporation (DAHC); Prof. Eric Xing, President, Mohamed bin Zayed University of Artificial Intelligence; and Prof. George Church, Professor of Genetics, Harvard Medical School.
The Cabinet meeting also agreed on the reform of the UAE Health Service (EHS), chaired by Dr Mohammad Salim al-Olama, Undersecretary of the Ministry of Health and Prevention.
National Child Protection Policy
During the meeting, the UAE Cabinet reviewed the results of the implementation of the National Child Protection Policy for Educational Institutions, which aims to ensure child protection in educational institutions and create a safe and supportive school environment to protect children from possible threats to their survival and survival The impact of the event on physical, psychological, intellectual, educational and moral well-being.
The meeting was attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance of Dubai; Lieutenant General Al Nahyan; and Sheikh Al Maktoum, Deputy Prime Minister and Minister of the Presidency Mansour bin Zayed Al Nahyan. — trade arab news agency
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