<h1>International cooperation in competition law enhances enforcement and capacity building through information exchange and technical assistance.</h1> Approval of an international Memorandum on Cooperation establishes a framework for bilateral collaboration to strengthen enforcement and policy development in competition law through information exchange, experience sharing, coordinated enforcement cooperation, capacity building initiatives, and technical assistance, enabling the domestic competition authority to learn operational lessons from a foreign counterpart and improve application of the Competition Act under statutory authority permitting such arrangements.