Friday, March 12, 2010
 
Purposes & Objectives   

Develop new legislation in the economic field. Legislate and update economic laws and initiate awareness among various sectors of society. Enhance judicial capabilities to ensure monitoring and enforcement of state laws and obligations in relation to agreements, in coordination with the competent authorities. Achieve continued development at the ministry to ensure higher level of efficiency and effectiveness.

Promote national economy to world-class competitiveness. Bolster competitiveness in various economic sectors and create an environment that encourages local investment and attracts foreign investment. Develop economic relations and build the capabilities of the country’s economic policy and enhance its negotiating capabilities. Develop the national statistical system to build databases that would contribute to effective policies and decision-making.

Partnership with local authorities and private sector. Work to eliminate illegal commercial practices and protect consumer rights in coordination with the competent bodies. Strengthen relations with local economic departments and the private sector to achieve better coordination and integration in policies, legislation and economic development programs.

Active local participation in national economy. Support small-and medium- size initiatives of UAE citizens and enhance their effective participation in economic activities.