Challenges – Regulatory…

  • UAE’s reputation as a trade hub jurisdiction
  • Increase in Costs and Complexity of Regulation
  • Involved Authorities work Fragmented with shortages of qualified HR
  • Authorities have no legal means of forcing importers to disclose record
  • Law has a loop-hole which orders the importer to re-export the seized goods – insufficient penalties – no protection to un-registered trademarks – does not cover “look-a-like” products
  • Important problem – Not matched by priority (as in the case of Illegal Drugs)
  • 6 Hours Turnaround time – Sea cargo to be checked then driven through Dubai Roads and off to an Outbound Airplane allows, while only 7% Offloaded for Inspection & 12% Scanned
  • Counterfeiters growing use of free trade zones