Abu Dhabi: The Tele-communications Regulatory Authority (TRA) Thursday announced the signing of a Memorandum of Understanding (MoU) with eco, the Association of the German Internet Industry, the largest association of its kind.

The aim is to exchange information on internet usage and developments in the German and UAE markets, the TRA said.

The MoU comes at an important time in the development of the internet market, as regulators and industry bodies increasingly face the challenges of promoting the growth of innovative internet services while continuing to ensure safe and effective online usage.

Harald A. Summa, CEO of eco, said: "The growing importance of the internet industry for the global economy clearly needs co-operation on a global level. We are excited to co-operate and exchange experiences with the TRA."

Mohammad Nasser Al Ganem, Director-General of TRA, added: "The German internet market is one of the biggest in Europe and the way in which it has grown over the last few years is an excellent example of a successful partnership between the Industry and other stakeholders.

Meanwhile, a sub-committee set up by the UAE's Federal National Council (FNC) has asserted the need for nationalisation of jobs in the telecom sector in the UAE. The committee has also completed its discussion of the telecom policy of the country developed by the TRA.