DOCSLIB.ORG

RESTRICTED WT/TPR/S/338 27 April 2016

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
RESTRICTED WT/TPR/S/338 27 April 2016 RESTRICTED WT/TPR/S/338 27 April 2016 (16-2331) Page: 1/108 Trade Policy Review Body TRADE POLICY REVIEW REPORT BY THE SECRETARIAT UNITED ARAB EMIRATES This report, prepared for the third Trade Policy Review of the United Arab Emirates, has been drawn up by the WTO Secretariat on its own responsibility. The Secretariat has, as required by the Agreement establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization), sought clarification from the United Arab Emirates on its trade policies and practices. Any technical questions arising from this report may be addressed to Mr. John Finn (tel: 022 739 5081), Mr. Usman Ali Khilji (tel.: 022 739 6936), and Mr. Samer Seif El Yazal (tel.: 022 739 5459). Document WT/TPR/G/338 contains the policy statement submitted by the United Arab Emirates. Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting of the Trade Policy Review Body on the United Arab Emirates. This report was drafted in English. WT/TPR/S/338 • United Arab Emirates - 2 - CONTENTS SUMMARY ........................................................................................................................ 6 1 ECONOMIC ENVIRONMENT .......................................................................................... 9 1.1 Fiscal Policy ............................................................................................................. 12 1.2 Monetary and Exchange Policy .................................................................................... 12 1.3 Balance of Payments ................................................................................................. 13 1.4 Developments in Trade .............................................................................................. 14 1.4.1 Composition of trade .............................................................................................. 14 1.4.2 Direction of trade ................................................................................................... 17 1.5 Foreign Direct Investment ......................................................................................... 17 2 TRADE AND INVESTMENT REGIME ............................................................................ 20 2.1 General Framework .................................................................................................. 20 2.2 Trade Policy Objectives ............................................................................................. 21 2.3 Trade Agreements and Arrangements .......................................................................... 23 2.3.1 WTO .................................................................................................................... 23 2.3.2 Regional and preferential agreements ....................................................................... 25 2.3.2.1 Cooperation Council for the Arab States of the Gulf .................................................. 25 2.3.2.2 Pan-Arab Free Trade Area Agreement (PAFTA) ........................................................ 26 2.3.3 Other agreements and arrangements ........................................................................ 26 2.3.3.1 EFTA-GCC Free Trade Agreement .......................................................................... 26 2.3.3.2 GCC-Singapore Free Trade Agreement (GSFTA) ....................................................... 27 2.3.3.3 Negotiations ....................................................................................................... 27 2.3.3.4 Other preferential arrangements ........................................................................... 28 2.4 Investment Regime .................................................................................................. 28 3 TRADE POLICIES AND PRACTICES BY MEASURE ........................................................ 32 3.1 Measures Directly Affecting Imports ............................................................................ 32 3.1.1 Customs procedures and requirements ..................................................................... 32 3.1.2 Customs valuation ................................................................................................. 34 3.1.3 Rules of origin ....................................................................................................... 35 3.1.4 Tariffs .................................................................................................................. 35 3.1.4.1 Applied MFN tariff ............................................................................................... 35 3.1.4.2 Bound tariffs ...................................................................................................... 38 3.1.4.3 Preferential tariffs ............................................................................................... 38 3.1.5 Other charges affecting imports ............................................................................... 39 3.1.6 Import prohibitions, restrictions, and licensing ........................................................... 39 3.1.7 Anti-dumping, countervailing, and safeguard measures ............................................... 41 3.2 Measures Directly Affecting Exports ............................................................................. 43 3.2.1 Export procedures and requirements ........................................................................ 43 3.2.2 Export taxes, charges, and levies ............................................................................. 43 3.2.3 Export prohibitions, restrictions, and licensing ............................................................ 43 WT/TPR/S/338 • United Arab Emirates - 3 - 3.2.4 Export support and promotion ................................................................................. 43 3.2.5 Export finance, insurance, guarantees ...................................................................... 44 3.3 Measures Affecting Production and Trade ..................................................................... 44 3.3.1 Standards and other technical requirements .............................................................. 44 3.3.2 Sanitary and phytosanitary requirements .................................................................. 46 3.3.3 State-owned enterprises and privatization ................................................................. 47 3.3.4 Taxation and incentives .......................................................................................... 48 3.3.5 Competition policy and price controls ........................................................................ 50 3.3.5.1 Competition policy .............................................................................................. 50 3.3.5.2 Price controls ..................................................................................................... 51 3.3.6 Government procurement ....................................................................................... 52 3.3.7 Intellectual property rights ...................................................................................... 54 3.3.7.1 Overview ........................................................................................................... 54 3.3.7.2 Patents .............................................................................................................. 55 3.3.7.3 Copyrights and related rights ................................................................................ 56 3.3.7.4 Trademarks ........................................................................................................ 56 3.3.7.5 Enforcement ....................................................................................................... 57 4 TRADE POLICIES BY SECTOR ..................................................................................... 59 4.1 Agriculture and Fisheries ........................................................................................... 59 4.1.1 Overview .............................................................................................................. 59 4.1.2 Trade ................................................................................................................... 60 4.1.3 Policies ................................................................................................................. 62 4.1.4 Fisheries ............................................................................................................... 63 4.2 Industry .................................................................................................................. 66 4.2.1 Hydrocarbon sector ................................................................................................ 66 4.2.1.1 Regulation of the oil sector ................................................................................... 66 4.2.1.2 Regulation of the gas sector ................................................................................. 67 4.2.2 Non-hydrocarbon manufacturing sector ..................................................................... 67 4.3 Services .................................................................................................................. 69 4.3.1 Financial services ..................................................................................................
Load more

Recommended publications
  • PRESS RELEASE ENBD REIT Announces Full Year Results For
    PRESS RELEASE ENBD REIT Announces Full Year Results for 31st March 2020 Net Asset Value as at 31st March is USD 230 million or USD 0.92 per share Total property portfolio value stands at USD 410 million Portfolio occupancy of 82% is robust, despite difficult market conditions Management have rolled out a fee reduction of 20 bps until 31st December 2020, equivalent to a 13% total reduction in fees Board and committees have agreed to a 13% discount on remuneration for the same period Proposed final dividend of USD 5,100,000 or USD 0.0204 per share, generated from the portfolio’s net rental income Dubai, United Arab Emirates, 9th June 2020: ENBD REIT (CEIC) PLC (“ENBD REIT” or the “Fund”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its financial results for the year ended 31st March 2020, prepared in accordance with International Financial Reporting Standards ("IFRS") and audited by Deloitte. As at 31st March 2020, ENBD REIT's Net Asset Value ("NAV") was USD 230 million or USD 0.92 per share (decreasing by 10.7% on the previous year), and the total value of its property portfolio was USD 410 million (decreasing by 8.9% on the previous year). ENBD REIT’s Loan-to-Value ("LTV") ratio stood at 44.2%. Downward pressure on valuations was driven by prevailing soft real estate market conditions, that were compounded by the impact of the Covid-19 pandemic, which had a negative valuation effect of approximately USD 19.1 million in the last quarter of the financial year ending 31st March 2020.
    [Show full text]
  • Urban Megaprojects-Based Approach in Urban Planning: from Isolated Objects to Shaping the City the Case of Dubai
    Université de Liège Faculty of Applied Sciences Urban Megaprojects-based Approach in Urban Planning: From Isolated Objects to Shaping the City The Case of Dubai PHD Thesis Dissertation Presented by Oula AOUN Submission Date: March 2016 Thesis Director: Jacques TELLER, Professor, Université de Liège Jury: Mario COOLS, Professor, Université de Liège Bernard DECLEVE, Professor, Université Catholique de Louvain Robert SALIBA, Professor, American University of Beirut Eric VERDEIL, Researcher, Université Paris-Est CNRS Kevin WARD, Professor, University of Manchester ii To Henry iii iv ACKNOWLEDGMENTS My acknowledgments go first to Professor Jacques Teller, for his support and guidance. I was very lucky during these years to have you as a thesis director. Your assistance was very enlightening and is greatly appreciated. Thank you for your daily comments and help, and most of all thank you for your friendship, and your support to my little family. I would like also to thank the members of my thesis committee, Dr Eric Verdeil and Professor Bernard Declève, for guiding me during these last four years. Thank you for taking so much interest in my research work, for your encouragement and valuable comments, and thank you as well for all the travel you undertook for those committee meetings. This research owes a lot to Université de Liège, and the Non-Fria grant that I was very lucky to have. Without this funding, this research work, and my trips to UAE, would not have been possible. My acknowledgments go also to Université de Liège for funding several travels giving me the chance to participate in many international seminars and conferences.
    [Show full text]
  • Navigating the US and Dubai Health Care Complex in A
    Navigating the U.S. and Dubai Health Care Complex in a Post-COVID World The Dubai Advantage—Dubai Delegation Goes Virtual: Navigating the U.S.-Dubai Network in Health Care and Logistics July 14, 2020 Seyfarth Shaw LLP “Seyfarth” refers to Seyfarth Shaw LLP (an Illinois limited liability partnership). Welcome Remarks Sai Pidatala Senior Counsel Seyfarth Shaw LLP 2 Presenting Organizations 3 Agenda 1. Welcome Remarks – Sai Pidatala, Senior Counsel, Seyfarth Shaw LLP 2. Seyfarth Shaw LLP – Health Care, Life Sciences & Pharmaceuticals Industry Group – Jesse Coleman, Partner 3. U.S.-U.A.E. Business Council – Danny Sebright, President 4. Remarks by H.E. Eng. Saeed Almheiri, Consul General of the UAE in Houston 5. U.S. Commercial Service – Vandana Nair, Commercial Specialist, Dubai 6. Dubai FDI – H.E. Fahad Al Gergawi, CEO 7. Dubai Exports – H.E. Eng. Saed Al Awadi, CEO 8. Dubai Health Authority – Dr. Mohammad Al Redha, Director, Project Management Office & Health Informatics and Smart Health Department 9. Dubai Science Park – H.E. Marwan Abdulaziz Janahi, Managing Director 10. Dubai Healthcare City – Farhad Seddiq, Director, Marketing & Communications 11. The Dubai Advantage – Walid Marhoon, Senior Manager, Investment Promotion Division, Dubai FDI 12. Q&A 13. Closing Remarks 4 Seyfarth Shaw LLP Health Care, Life Sciences & Pharmaceuticals Industry Group Jesse Coleman Partner and Co-Chair of the Health Care, Life Sciences & Pharmaceuticals industry group Seyfarth Shaw LLP 5 U.S.-U.A.E. Business Council Danny Sebright President U.S.-U.A.E. Business Council 6 Remarks His Excellency Eng. Saeed Almheiri Jamal Dubai Healthcare City Authority Consul General of the UAE in Houston 7 U.S.
    [Show full text]
  • Retail Services at Dubai Airports Company
    IOSR Journal Of Humanities And Social Science (IOSR-JHSS) Volume 22, Issue 7, Ver. 15 (July. 2017) PP 70-75 e-ISSN: 2279-0837, p-ISSN: 2279-0845. www.iosrjournals.org Retail Services at Dubai Airports Company Dr. Dina Alkhodary & Dr. Mohammed Shehada Isra University ABSTRACT: The aim of this paper is to focus on retail stores at Dubai Airports Company by giving a general idea about the status of businesses, number of clients and nature of different processes that happen on daily bases. Furthermore, to check out customers’ satisfaction at the services offered by the retail stores. A questionnaire will be designed and distributed to the staff that is running the retail stores. After reviewing the questionnaire results, statistical analysis will be made to find the strengths and weaknesses of each process and display the suggested remedies for each constrain in details. At the end, based on the observations and the analysis a conclusion and recommendations will be established on the given subject. Key Words: Retail service, Dubai Airports Company, Customer Service, Performance, Staff, Procedures. ------------------------------------------------------------------------------------------------------------------------------------- -- Date of Submission: 20 -02-2017 Date of acceptance: 26-07-2017 ----------------------------------------------------------------------------------------------------------------------------- ---------- I. INTRODUCTION Dubai’s business friendly environment, open skies, geocentric location, fast growing home airlines and emergence as a leading global city for tourism, trade and commerce continued to propel the aviation sector. 85 million passengers projected to visit Dubai in 2016. The new enlargement that has taken place in Dubai’s Airport facility has elevated passenger experience at Dubai X Box (DXB), with open boarding gates allowing them more time and freedom to enjoy the great variety of opportunities for shopping, food and relaxation.
    [Show full text]
  • Railways of the MENA Region, Tools of National and Foreign Policy
    DHEEI – Mediterranean Studies Railways of the MENA Region, tools of national and foreign policy Master’s Thesis submitted by GALLOY Théophile Academic year: 2018-2019 Thesis Supervisor: Dr. Silvia Colombo Acknowledgements I wish to express my appreciation to my family, my co-students and CIFE for their valuable support throughout this year. I am also very grateful for the advice given by my fantastic supervisor Dr. Silvia Colombo, who has kindly dedicated some time to read, correct and advise me on my work, whilst allowing me to remain creative in my approach and research. I would also like to extend my thanks to my previous manager, Mr. Stephane Downes, and my previous employer, Mr. Stephane Rambaud-Measson, for opening me the doors of the railway industry and for passing on to me their knowledge and passion for this fascinating sector. I would also like to thank Dr. Ayadi Soufiane, the surgeon who successfully removed my infected appendix in Tunis, which allowed me to continue my work unimpeded. 2 Acknowledgements_____________________________________________________2 Table of Contents_______________________________________________________3 Introduction___________________________________________________________4 Part I: Understanding the political benefits of railway infrastructures______________6 1) The economic and social benefits of rail_____________________________6 2) Rail as a nation building infrastructure, a tool of power________________12 3) Rail as a region building infrastructure, a tool of integration____________19 Part II:
    [Show full text]
  • Where Size Really Matters
    ISSN 1718-7966 SEPTEMBER 22, 2014 / VOL. 457 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Aeroflot’s budget plans The annual World Low Cost Airline Congress held in London, England came to a close last week, and yet again provided a platform to discuss topical issues affecting the low cost airline industry. Aeroflot CEO Vitaly Saveliev used the event to introduce the new LCC subsidiary Dobrolet. Saveliev fully examined and detailed the challenges facing an LCC in Rus- Unlike London, Dubai is acting sia, he said an initial concern for now to meet future traffic regulations was the safety aspect for demands. setting up an LCC operation. “This Photo: has now been resolved,” he told the Dubai Airports conference. Aeroflot targets opera- tions to begin this winter season. Where size really matters New overhead bins for A320 Dubai acts now to meet passenger demand tomorrow family Airbus will introduce its new pivot- The massive investment ear- be the biggest airport project in analyst at StrategicAero Research. ing overhead stowage option for the marked for Al Maktoum Inter- the world and will be built in two “Unlike Heathrow, DWC will put A320 Family aircraft beginning in Q1 national Airport at Dubai World phases. The first phase includes money where its mouth is and 2016 with the delivery of the first of Central (DWC) underscores not two satellite buildings with a col- expand now, rather than get con- 45 brand new A321 aircraft for Delta just the importance of develop- lectively capacity of 120 million gested tomorrow and not have the Air Lines.
    [Show full text]
  • The Future of Airports a Vision of 2040 and 2070
    The Future of Airports A Vision of 2040 and 2070 Topic No. 4: Security Threats and Unlawful Activities White Paper ENAC Alumni – Airport Think Tank Version 2 of April 2020 The Future of Airports: A Vision of 2040 and 2070 Disclaimer The materials of The Future of Airports are being provided to the general public for information purposes only. The information shared in these materials is not all-encompassing or comprehensive and does not in any way intend to create or implicitly affect any elements of a contractual relationship. Under no circumstances ENAC Alumni, the research team, the panel members, and any participating organizations are responsible for any loss or damage caused by the usage of these contents. ENAC Alumni does not endorse products, providers or manufacturers. Trade or manufacturer’s names appear herein solely for illustration purposes. ‘Participating organization’ designates an organization that has brought inputs to the roundtables and discussions that have been held as part of this research initiative. Their participation is not an endorsement or validation of any finding or statement of The Future of Airports. ENAC Alumni 7 Avenue Edouard Belin | CS 54005 | 31400 Toulouse Cedex 4 | France https://www.alumni.enac.fr/en/ | [email protected] | +33 (0)5 62 17 43 38 2 Topic No. 4: Security Threats and Unlawful Activities Research Team • Gaël Le Bris, C.M., P.E., Principal Investigator | Senior Aviation Planner, WSP, Raleigh, NC, USA • Loup-Giang Nguyen, Data Analyst | Aviation Planner, WSP, Raleigh, NC, USA • Beathia Tagoe, Assistant Data Analyst | Aviation Planner, WSP, Raleigh, NC, USA Panel Members • Eduardo H.
    [Show full text]
  • The U.A.E. Healthcare Sector an Update: January 2018
    The U.A.E. Healthcare Sector An Update: January 2018 The U.S.-U.A.E. Business Council is the premier business organization dedicated to advancing bilateral commercial relations. By leveraging its extensive networks in the U.S. and in the region, the U.S.-U.A.E. Business Council provides unparalleled access to senior decision makers in business and government with the aim of deepening bilateral trade and investment. U.S.-U.A.E. Business Council 505 Ninth Street, NW Suite 6010 Washington D.C. +202.863.7285 [email protected] usuaebusiness.org 1 INTRODUCTION The U.A.E.’s healthcare sector has dramatically expanded over the past four decades. At the time of the U.A.E.’s founding in 1971, the country had just seven hospitals and 12 health centers. As of 2015, according to the latest figures from the U.A.E. statistics authority, the U.A.E. had 126 public and private hospitals with a combined capacity of over 12,000 beds.1 U.S. companies and citizens have played an important role in this growth story, as best symbolized by the Oasis Hospital in Al Ain. In 1960, U.S. missionaries Drs. Pat and Marian Kennedy built this hospital – the U.A.E.’s first – in a mud-block guesthouse donated by the late U.A.E. President Sheikh Zayed bin Sultan Al Nahyan.2 Over the next 50 years, this hospital birthed more than 90,000 babies, including members of Abu Dhabi’s ruling family.3 Moreover, it retained strong connections with that family, which funded the hospital’s expansion earlier this decade.4 As the U.A.E.
    [Show full text]
  • Jcdecaux Wins Landmark Dubai International Airports' Exclusive
    JCDecaux wins landmark Dubai International Airports’ exclusive advertising contract for 10 years Paris, October 20, 2008 - JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company in Europe and Asia Pacific and the second worldwide announced today that its subsidiary JCDecaux Dicon has entered into a 10-year contract for the exclusive advertising concession at Dubai International . Dubai International Airports will have an annual capacity of 75 million passengers following the completion of its ongoing expansion project that will include the construction of a new Terminal and two new Concourses. The airport will become the world’s first aviation facility of its size specifically designed for the Airbus A380 and the new hub of Emirates, the carrier recognized internationally as the world’s fastest growing airline. Dubai International Airports are expected to welcome more than 40 million passengers in 2008. Airports worldwide accounted for 4.6 billion passengers in 2007, representing a 5.6 % growth versus 2006 while passenger traffic in the Middle East rose by more than 15%. This performance puts the airport industry clearly on track for the predicted doubling of global air traffic by 2020. In 2007 Dubaï International Airports registered 19 % growth in passenger throughput which totalled 34.3 million. This figure is expected to reach 60 million by 2010. In April 2008 Dubai International Airports ranked number 20 amongst city airports worldwide and number 10 amongst JCDecaux city airport concessions. JCDecaux runs 145 airports worldwide including 7 of the top 10: London, New-York, Paris, Los Angeles, Dallas, Frankfurt and Beijing, as well as fast-growing airports such as Shanghai and Bengalore.
    [Show full text]
  • Rule No 1 Permitted Activities and Licensing Categories July 2018 RU/RL/002/02 Page 2 of 81
    RULE No. 1 Concerning Permitted Activities and Licensing Categories for Dubai Healthcare City Effective 1st July 2018 RU/RL/002/02 PURPOSE ....................................................................................................................... 4 HOW TO USE THIS DOCUMENT ................................................................................. 4 CONFIGURATION.......................................................................................................... 4 REGULATIONS .............................................................................................................. 5 TYPES OF LEGAL STRUCTURE .................................................................................... 5 COMMERCIAL LICENSES .............................................................................................. 6 COMMERCIAL PERMIT ................................................................................................. 6 OPERATING PERMIT .................................................................................................... 6 ARTICLE (1) DEFINITIONS AND INTERPRETATIONS ............................................... 7 ARTICLE (2) ISSUE OF LICENSES ............................................................................. 10 ARTICLE (3) SEGMENTS AND ACTIVITIES .............................................................. 10 ARTICLE (4) ADDING ADDITIONAL SEGMENTS TO AN EXISTING LICENCE ....... 11 ARTICLE (5) LIMITATIONS ON LICENSE ACTIVITIES ............................................. 11 ARTICLE
    [Show full text]
  • Doing Business in the United Arab Emirates
    DOING BUSINESS IN THE UAE Dubai, © Sophie James DOING BUSINESS IN THE UNITED ARAB EMIRATES Abu Dhabi, © Philip Lange DOING BUSINESS IN THE UAE INTRODUCTION Since the discovery of oil in the United Arab Emirates (UAE) more than 40 years ago, the country has undergone a profound transformation to a modern state with a high standard of living. This growth was for a large extent driven by income from oil and gas resources. Today the UAE is more than an economy based on oil and gas. Successful efforts at economic diversification in trade, logistics, banking, tourism, real estate and manufacturing have sig- nificantly reduced the portion of GDP based on oil and gas output. The diversified growth environment that is being created in the UAE provides abundant business opportunities. The UAE’s liberal climate towards foreign cooperation, investment and modernisation has prompted extensive diplomatic and commercial relations with other countries. With its prime geographical location at the crossroads of the major Western and Eastern economies, its established and efficient air and sea connections and developed infrastructure, the UAE is an exciting prospect for any business looking to establish a foothold, or expand, in the MENA region or wider Africa and Asia. In 2012, mutual trade between the Netherlands and the UAE was worth more than 3,2 billion euros according to figures from Statistics Netherlands (CBS). Total trade between the Neth- erlands and the Gulf region (Qatar, UAE, Saudi Arabia, Oman, Kuwait and Bahrain) was worth over 14 billion euros. While the Kingdom of Saudi Arabia is the Netherlands’ biggest trading partner in the Gulf region (6.9 billion euros), the UAE is the largest export market (nearly 2.4 billion euros).
    [Show full text]
  • Adept Environmental Consultancy
    ADEPT ENVIRONMENTAL CONSULTANCY COMPANY PROFILE Contact Senathipathi Kalimuthu (Former Senior Environmental Scientist – RTI International, Abu Dhabi) M-2, Plot No. C-14, Shabiya-10 (ME-10) Mohammed Bin Zayed City, Abu Dhabi, UAE. Tel.: +971 25548777 Mob.: +971 567535789 Email: [email protected] Web Site: https://adepteco.com About Us Adept is a multidisciplinary environmental consulting firm specialized in environmental, health and safety field and providing services in variety of sectors including industries, oil and gas chemical, petrochemical, industrial and infrastructure development projects. Our consultants have excellent work experience with environmental regulatory authority and various international environmental, Health and Safety projects. Our team’s clear vision and core values allow Adept to continually deliver the highest quality of service and value to our clients across all of our consulting engagements. This has been achieved through the implementation ISO 9001-2015, ISO 14001-2015 and OSHAS 18001- 2007. We work with our clients to develop sustainable, practical and ethical solutions to the environmental challenges they face and add value to our client’s businesses by delivering excellence and innovation. Our team aims to assist our clients to ensure that the environment, workplace and communities in which they operate are mutually beneficial and safe. Mission Adept Environmental Consultancy is committed to provide cost effective, innovative, and sustainable Environment, Health and Safety (EHS) consulting services that address our client’s requirements and comply with international best practices. Vision Through achieving commercial success and full satisfaction for our clients, we seek to build a quality and sustainable future for all the stakeholders in the community by applying analytical research and providing innovative solution.
    [Show full text]