Chaired by the Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE cabinet approved the National Non-Oil Export Development Program, an integrated framework for efforts to increase UAE foreign trade, promote UAE products and access new markets all over the world.
His Highness Sheikh Mohammed bin Rashid reaffirmed that the UAE is among the top twenty countries in terms of foreign trade indicators and has a developed economic structure capable of coping with the changing world economy, highlighting the continued support to the national economy to be among the first. 10 economies in the world.
These remarks by Sheikh Mohammed came during the United Arab Emirates Cabinet meeting, held today at Qasr Al Watan in Abu Dhabi, in the presence of His Highness Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.
His Highness Sheikh Mohammed said: “We have adopted the National Program for the Development of Non-Oil Exports, a vital step to access 25 new markets. UAE’s non-oil trade exceeds 1.5 trillion dirhams.”
He added that the non-oil sectors contribute more than 70 percent of the national economy, stressing that the UAE aims to increase its exports by 50 percent in the coming years.
The program aims to meet the needs of domestic businesses and exporters, as well as take the necessary steps to strengthen the UAE’s leading position as a regional and international hub for re-exports.
Among its objectives, the program also aims to increase UAE exports by opening up new international markets with the aim of supporting the country’s foreign trade and enhancing growth in 14 sectors to ensure greater presence of UAE products. in world markets.
The cabinet also approved the National Manual for Measuring Research and Development (R&D) Expenditures in the Public Sector. The manual provides guidance on measuring financial and human resources for research and experimental development carried out in the public sector.
The cabinet has also adopted the Empowerment Policy to support determined people during emergencies and crises. The policy aims to identify and eliminate challenges and obstacles created or accompanied by crises and emergencies. It also aims to provide adequate accessibility to all types of services and facilities, in addition to improving research and data to monitor, evaluate and strengthen systems to include specified people.
The cabinet approved the amendment to the federal law on private health facilities, which aims to extend the adjustment period, a decision that guarantees the continuity of activities in the sector.
The cabinet also approved the amendment to the Federal Tax Procedures Act, which will further support the economic environment and business community in the UAE.
In addition, the cabinet approved a federal law on goods subject to non-proliferation controls, which aligns with the UAE’s vision for maintaining security and stability in the UAE and the United Arab Emirates. abroad, and aims to actively leverage the control of sensitive goods and engage in partnerships on both and international levels.
The cabinet adopted a decision on marine wrecks and abandoned ships, which will better organize the recovery of abandoned ships and wrecks located in territorial waters or ports of the country, in order to ensure the safety of maritime navigation.
The cabinet also approved a decision on existing nurseries and nurseries within government entities to ensure that on-site nurseries play their role in supporting working women. The Ministry of Education and local education authorities will carry out the tasks of approving, evaluating and monitoring these nurseries.
The cabinet approved the findings and recommendations submitted by the committee established to study the electronic link system for education data. The Education Data System collects and analyzes data related to education in the UAE and provides comprehensive data sets to support decision making and continued development of the sector.