UAE joins Advisory Centre on WTO Law

ABU DHABI / WAM

The UAE became the 33rd developing country member of the WTO to join the Advisory Centre on WTO Law (ACWL) after the Federal Cabinet’s approval of the signing of the Protocol of Accession to the Agreement Establishing the ACWL.
Commenting on the country’s ACWL membership, Sultan bin Saeed Al Mansouri, Minister of Economy, termed the move as an “important step” aimed at maximising the benefits the UAE can draw as WTO member, deepening the understanding of Government Related Entities (GRE), about terms of references of agreements the UAE signed under the multilateral framework for trade, and boosting the UAE’s ability to defend its rights and fulfil its obligations as stipulated by the WTO’s agreements on trade in services, trade-related aspects of intellectual property rights, trade in goods, agriculture, safeguards and others.
“Accession to the ACWL comes within the framework of the continuous efforts being made by the government to develop economic policies and legislations at par with the international best practices in line with the WTO’s rules.”