In its 4th session of the second ordinary term in the 15th legislative chapter, held today under the chairmanship of its Speaker Mohammed Ahmed Al Murr, the FNC also approved creation of a permanent human rights committee to support the country’s efforts in that front both locally and internationally.
Present during the session were Mohammed Abdullah Al Gergawi, Minister of State for Cabinet Affairs, Dr Anwar Mohammed Gargash, Minister of State for Foreign Affairs ‘&’ for FNC Affairs, Obaid Humaid Al Tayer, Minister of State for Financial Affairs and Sultan Al Suwaidi, Governor of the Central Bank.
The session saw some FNC members calling for a media plan to boost public awareness about the new laws ahead of their promulgation. They also urged a coordination mechanism among the pension funds to address the issue of 5,000 employees transferring from federal to local departments.
The members also emphasised the need to set up a Sharia authority to regulate Islamic banks and financial institutions and to ensure that all their transactions are in compliance with the Sharia.
The FNC members endorsed the federal budget of AED 44.565 billion for 2013.
In his speech, the FNC Speaker Mohammed Ahmed Al Murr said as preparations are well underway to hold the 33rd GCC summit in Bahrain next week, the UAE has always been keen to ensure fruitful outcome for the summit to fulfill the aspirations of the GCC peoples.
He saluted the achievement made by the UAE parliamentary division when Ahmed Al Jarwan was elected President of the Arab Parliament.
The FNC members approved the creation of a permanent human rights committee for the council. The step draws its significance from the fact that the UAE is a signatory of several international and regional human right-related treaties and conventions.