The Cabinet adopts the national agenda for the development of UAE non-oil exports

Mohammed bin Rashid: Supporting the national economy continues to compete strongly globally

Mohammed bin Rashid while chairing a cabinet meeting at Qasr Al Watan Complex.

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE, under the leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the State, possesses a more attractive and diversified economic structure, which supports the continuation of the development process, and keeps pace with Global changes and benefiting from them in consolidating its position to be a leading logistic center in global markets, as the UAE is one of the most open economies in the world, and was able to become a vital center and a corridor for global economies with its exports and imports, stressing His Highness the continued support of the national economy to compete strongly globally, And to be one of the 10 largest economies in the world.

This came during His Highness chairing, yesterday, a cabinet meeting held at the Cabinet Building in Qasr Al Watan Complex in Abu Dhabi, in the presence of His Highness Lieutenant-General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the Council Ministers and Minister of Presidential Affairs, where the Council of Ministers adopted a number of decisions and initiatives aimed at continuing to develop the government work system, in a way that contributes to strengthening the leading position of the state, foremost of which was the adoption of the national agenda for the development of UAE non-oil exports.

His Highness Sheikh Mohammed bin Rashid said: "I chaired a cabinet meeting at Al Watan Palace in Abu Dhabi, during which we adopted the state's agenda to enter 25 new international markets in our foreign trade. Our non-oil trade annually exceeds 1.5 trillion dirhams... and our country is among the top 20 in trade competitiveness indicators." International Foreign Affairs.”

His Highness added: "Our non-oil economy represents more than 70 percent of our national economic output, and our goal is to increase our national exports by 50 percent in the coming years. We work as one team, federally and locally, to bring our national economy to new heights... And the UAE will remain a global capital of the economy for the coming decades, with permission. God".

In detail, the Council adopted, during its session, the National Agenda for the Development of UAE Non-Oil Exports. The agenda will be concerned with the development of exports and drawing broad outlines of the reality of the country's foreign trade, the development of global markets, and linking it to the actual needs of exporters in the UAE and their capabilities to allow these exporting companies to enter specialized markets Targeting new markets with a growing and promising economy that allows the promotion of the country's goods and products of high quality and global competitiveness.

The agenda includes, among its strategic objectives, consolidating the country’s position as a leading global logistics center in import, export and re-export, raising the level of national companies’ contribution to UAE exports from total exports, and raising the efficiency of national products and increasing their competitiveness in global markets, and coordinating the national efforts of the federal authorities. and local, and enhancing their integration, in addition to harnessing modern technologies in business that support the flow of goods.

The agenda supports, with its objectives, 14 vital and priority sectors in the UAE, and aims to double the country's foreign trade, and raise the proportion of national exports compared to re-exports at a rate of 50% of the total exports, during the next few years. It also focuses on supporting efforts to achieve the country's strategies in various sectors, such as industries. advanced, food security, and others.

On the other hand, His Highness Sheikh Mohammed bin Rashid Al Maktoum said: "We have also adopted in the Cabinet a national measure of spending on research and development... The UAE spends 1.3% of its GDP on research and development... It is the first Arab country in this field. And our goal is to compete globally in the future.. Research and development is what drives the knowledge economy that we seek to consolidate.”

In this context, the Cabinet approved the National Guide to Measure Expenditure on Research and Development in the Government Sector, which aims to establish unified concepts for research and development, enable federal and local government agencies to monitor the value of spending on research and development activities, and standardize the method of data collection at the state level in accordance with international standards. And what is reflected in the global competitiveness indicators of the UAE.

The meeting’s agenda also included the adoption of a response policy to empower people of determination in emergencies, crises and disasters, aimed at providing an accessible information and technical infrastructure for people of determination, preparing buildings, facilities and services, and qualifying working and volunteer cadres to respond to their needs, in addition to spreading societal culture and specialized training on dealing with people of determination. Anxiety and their needs.

On the other hand, His Highness said: "We have also adopted a set of legislative amendments in the field of emergency and disaster response, and in the health, educational and economic sectors. The goal is a quality of life that is the best in the world, based on an economy that is the most diversified and established."

In legislative affairs, the Council approved a number of projects to develop government laws and legislation, including amending some provisions of the Federal Law regarding private health facilities, by extending the period of amending their status, in order to ensure the support of these facilities and provide the appropriate legislative environment for the continuity of their work. A law was also approved. Federal for the consolidated final account of the Federation for the fiscal year ending in 2020.

The council's agenda included amending some provisions of the federal law regarding tax procedures, to support and strengthen the tax system in the country, enhance transparency and flexibility in the application of tax systems, and encourage all concerned authorities to self-compliance in a manner that guarantees the rights of all parties, in addition to supporting businesses, projects and companies to fulfill their related obligations. Violations and fines, which are reflected on the state’s competitiveness in the field of quality work.

The agenda of the meeting also included the issuance of a federal law regarding goods subject to the proliferation ban, which aims to regulate tight control over the circulation of strategic goods, and coordinate with all relevant federal and local authorities, to limit and monitor any commodity, transit (transit) or temporary shipment of goods, if it is poses a threat to public safety, public health, the environment, natural resources, or national security.

The Council also approved the issuance of a Cabinet decision regarding marine debris and violating ships, which aims to deal with marine debris and violating ships, and develop mechanisms to dispose of abandoned ships and wrecks of marine ships located in the country’s territorial waters or ports, in a manner that ensures the safety of navigation and sea lanes in the country. Protection of ships navigating in state waters.

The Council also approved the issuance of a decision regarding the role of nurseries and care rooms in government agencies, which includes updated mechanisms and standards for the establishment and organization of nurseries and care homes in government agencies, which contributes to strengthening the role of the government labor sector as a supportive sector for the family, its cohesion and development in the UAE, and supporting working women and encouraging them to engage. In the labor market, and raising the level of its participation in the state’s labor force, by providing and circulating nurseries, education and early childhood care services, in all government agencies and workplaces, provided that the Ministry of Education and local educational authorities undertake the tasks of licensing, evaluating and controlling these nurseries.

The Council also approved, during its session, the results and recommendations of the committee formed to consider linking electronic educational data, and its role in integrating educational institutions’ data, providing high-quality national educational data, and developing a system for the governance of this data, in order to improve services provided to students and education workers.

In government affairs, the Council reviewed a number of requests from the Federal National Council, to approve a number of topics, including the policy of the Federal Tax Authority regarding the application of value-added tax and selective tax, the issue of the impact of legislation regulating labor market activities on economic variables in the country, and the policy of the National and Reserve Service Authority And the policy of the General Sports Authority regarding the support and development of the sports sector, and a number of the recommendations of the Federal National Council on the policy of the Ministry of Climate Change and Environment, regarding achieving sustainable development of fish, animal and agricultural resources in the country, and the efforts of the Ministry of Justice regarding the development of the legal profession, in addition to The topic of addressing electronic fraud and extortion.

The meeting’s agenda also included the approval of the state’s contribution to the 12th replenishment of the resources of the International Fund for Agricultural Development (IFAD), for the period from 2022 to 2024, and the approval of the final accounts of Al Etihad Credit Bureau for the ending fiscal year 2020.

At the international level, the Council approved a number of agreements within the framework of strengthening international cooperation and partnership with friendly countries. The Council approved the amendment of the agreement signed between the Government of the UAE and the International Bureau of Exhibitions, on the privileges and benefits granted to the official participants in Expo 2020 in Dubai, and the state's accession to the Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks.

Mohamed Ben Rached:

• "We have adopted the state's agenda to enter 25 new international markets in our foreign trade."

• "Our non-oil trade exceeds 1.5 trillion dirhams annually, and our country is among the top 20 in international foreign trade competitiveness indicators."

• “Our non-oil economy represents more than 70% of our national economic output, and our goal is to increase our national exports by 50% in the coming years.”

• "The UAE spends 1.3% of its GDP on research and development... and it is the first Arab country in this field."

• "We are working as one team, federally and locally, to reach our national economy to new heights... and the UAE will remain the global capital of the economy for the coming decades."

On the agenda of the cabinet meeting

■ Adopt the national agenda for the development of UAE non-oil exports, and outline the reality of the country's foreign trade and its future.

■ Develop a framework and unified concepts at the national level for research and development and spending on its activities, through the adoption of the national guide to measure spending on research and development in the government sector.

■ Adopting a response policy to empower people of determination in emergencies, crises and disasters, and spreading societal culture and specialized training on dealing with people of determination and their needs.

■ Issuing a federal law regarding goods subject to the ban on proliferation, with the aim of regulating tight control over their circulation and maintaining public safety and health.

■ Issuing a Cabinet decision to deal with marine debris and violating ships, and developing mechanisms to dispose of abandoned ships to ensure the safety of navigation and sea lanes in the country, and protect ships sailing in the country's waters.

■ Adopting the amendment of some provisions of the federal law regarding private health facilities, by extending the period of amending their status to ensure the support of these facilities and the provision of the appropriate legislative environment for the continuity of their work.

■ Amending some provisions of the Federal Law regarding tax procedures, to support and strengthen the tax system in the country.

■ Adopt mechanisms and standards for organizing nurseries and care rooms in government agencies.

■ Ratification of a number of international agreements.

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