SEDD, TRA sign MOU
Sultan bin Hadda Al Suwaidi: “Moving forward toward competitive and technology-based economy”
Hamad Obaid Al Mansoori: “Working together to create a future that befits the past and present of this nation, and the aspirations of its people”
Sharjah Economic Development Department “SEDD” signed an MOU with Telecommunications Regulatory Authority “TRA” in order to develop e-commerce activity and regulate methods of dealing with it, which falls within SEDD’s concerns to develop the economic business environment in the Emirate of Sharjah.
The agreement was signed between HE Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, and HE Hamad Obaid Al Mansoori, Director General of TRA. The MOU specified the electronic linkage between the two parties and the permanent coordination in the common areas related to e-commerce activities as well as sharing of relevant statistics periodically.
The agreement aims to control the practice of e-commerce activity through websites and social media, and to simplify and accelerate the procedures for this activity, because of the increase in the activity of the e-commerce sector in the emirate, coinciding with the high rate of use of smart applications in the buying and selling operations.
Commenting on that, HE Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, stated that this MOU comes within the Department’s concerns to support and develop the economic environment in Sharjah as well as to expand its activities to keep up in pace with the current requirements, especially in light of the scientific and technological progress witnessed by the country. In addition, HE stressed that the Department will move forward towards implementing its vision to achieve a diversified competitive and innovative knowledge-based economy through developing the services to match the highest international quality standards in terms of speed of delivery and access to dealers and investors in the economic sector in Sharjah.
Likely, HE pointed out that there is a great demand on e-commerce license and activity. Therefore, it was important to have and adopt a protected legal structure that maintains the regulation of this activity, which gives it a state of confidence among consumers, as it is subject to the regulations and laws of conducting economic activities at the level of Sharjah in particular and UAE in general.
Al Suwaidi also emphasized on the Department’s keen to provide more smart digital services and develop e-commerce activities, in order to contribute to the development of business sectors at the level of the emirate, and thus raise economic growth rates. He pointed out that SEDD is continuously working to develop services related to the electronic activities by implementing initiatives and projects aimed at developing and creating regulatory frameworks for e-commerce. Such thing is done to ensure the transparency of exchanges, protect consumers electronically and strengthen credibility in electronic transactions to enhance confidence in the safety and validity of electronic transactions, correspondence and records in addition to contributing to the development of the digital economy in Sharjah.
On the other hand, HE Hamad Obaid Al Mansoori, Director General of TRA, said that the MOU reflects the efforts of SEDD and its belief in the spirit of one national team to serve the supreme goals of our beloved country. Also, it comes within the framework of TRA responsibility for digital transformation in line with UAE vision, the supreme strategic objectives, and the directives of our wise leadership that we work together to make the future that befits the past and present of this country, and the aspirations of its people.
Furthermore, Al Mansoori illustrated that UAE achieved many achievements that depend on the communications and information technology sector, including the continuity of life under exceptional circumstances, facilitating remote work, as well as distance learning and digital trade. He also added that TRA would continue to support all relevant projects and programs.