The Union Cabinet has approved the signing of MoU

Solution

The Union Cabinet has approved the signing of MoU between Competition Commission of India (CCI) and Egyptian Competition Authority (ECA). The MoU envisages promotion and strengthening of cooperation in competition law and policy through exchange of information, sharing of best practices as well as through various capacity-building initiatives. The MoU also aims to develop and strengthen linkages between CCI and ECA, and learn and emulate from each other's experiences in the enforcement of competition law in their respective jurisdictions through experience sharing and technical cooperation.