Ministry of Industrial Affairs and Technology Reinforces Industrial Standards Through Strategic Agreement with Mechanical and Chemical Business Group
The United Arab Emirates' Ministry of Industry and Advanced Technology (MoIAT) has agreed to a strategic partnership with the Multinational Companies Business Group (MCBG). The alliance focuses on enhancing cooperation in three critical areas: standardization, technical regulations, and capacity building, key pillars of the UAE's industrial and economic strategy.
The agreement was executed during the Make it in the Emirates forum, with Dr. Farah Al Zarooni, the Assistant Undersecretary for Standardization Affairs at MoIAT, and Turki Bin Moammar, Chairperson of MCBG, presiding. Senior officials from both parties attended the ceremony as well.
This collaboration signifies a deliberate move to align the UAE's regulatory frameworks with global best practices. Under the partnership, MoIAT and MCBG will work together on various initiatives, including expert exchanges, capacity-building programs, participation in standardization committees, and innovative projects.
Dr. Al Zarooni highlighted the Memorandum of Understanding as a testament to MoIAT's dedication to forging stronger ties with international industry leaders and fostering a regulatory environment that encourages innovation and sustainable growth.
MCBG represents multinational corporations with a cumulative market capitalization exceeding $12 trillion. They bring extensive expertise in areas such as manufacturing, energy, technology, and healthcare. Turki Bin Moammar expressed MCBG's dedication to supporting the UAE's industrial and economic development through meaningful collaboration and knowledge sharing.
The partnership marks a significant stride in cultivating a resilient, innovation-driven industrial ecosystem, emphasizing the importance of public-private partnerships in enhancing national competitiveness and regulatory excellence.
[Source: Emirates News Agency]
The strategic partnership is a vital step in realizing the UAE's industrial sector vision and strengthening its position as a hub for innovation and advanced technology. The collaboration aims to establish standards that meet international norms, ensuring products and services meet global quality standards. It will also concentrate on creating and enforcing technical regulations that fortify the industrial environment, making it robust, safe, and efficient. Additionally, the partnership will concentrate on capacity building, with efforts directed towards empowering local industries to compete effectively in the global market.
Overall, the alliance is an essential part of the UAE's broader strategy to boost its industrial sector, supporting national goals such as economic diversification and innovation.
The strategic partnership between MoIAT and MCBG will focus on innovation and advance technology, aiming to establish industrial standards that conform to international norms, ensuring products and services maintain global quality standards. The collaboration will also work towards creating and enforcing technical regulations to fortify the industrial environment, making it robust, safe, and efficient. Furthermore, capacity building will be a priority, with efforts directed towards empowering local industries to compete effectively in the global market. This alliance is essential in the UAE's broader strategy to boost its industrial sector, supporting national goals such as economic diversification and innovation.
