Ministry of Economy launches wide campaign to control markets

posted on 29/01/2012: 92 views

The Ministry of Economy has launched series of measures and actions to control markets in the UAE, in coordination with the local departments through a common action plan, especially there are more than 400 inspectors from the concerned authorities in the UAE that cooperate with the Ministry of Economy to strengthen control on the markets.

On this occasion, Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of the Ministry of Economy, said that the ministry is keen to coordinate with the relevant local departments and regulatory authorities to stop attempts in selling faked goods and raise prices.

He praised the commitment of these parties to execute joint work plan developed by the Ministry to intensify inspection tours on the markets on a daily basis, in order to promote stability and prevent attempts to raise prices and harmful practices such as commercial fraud, infringement of intellectual property rights.

Al Shehhi said the call centre launched by the ministry receives consumer complaints since 7:30 am to 10:30 PM on the number 600522225 with a range of 60 to 70 complaints daily, which contributed to increase the number of inspection tours and thus penalties for offenders, where penalties issued by the Ministry increased from 1698 in 2010 to 2038 in 2011 and the number of inspection tours increased from 24183 in 2010 to 24,835 in 2011.

Al Shehhi said that the ministry will not tolerate any attempts to manipulate prices or sale of counterfeit goods, pointing out that the majority of consumers are the main partners of the ministry in controlling markets.

Al Shehhi pointed out that the ministry is in the process of training of most of its staff in all the emirates to exercise their powers with regard to judicial officers in order to enhance performance oversight on the market along with the efforts of the local departments concerned. - Emirates News Agency, WAM

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