• Trade growth will only be achieved through renewal systems

    25/09/2013

    In the third and final session of the Forum East Commercial 2013
    Trade growth will only be achieved through renewal systems
     

    At the third meeting of the Eastern Trade Forum 2013, Assistant Undersecretary for administrative control of the Ministry of trade and industry Fahad Bin Mohamed Alhedhili, reviewed through a working paper titled (combat commercial fraud) the efforts by the Ministry in combating commercial fraud concentrated in tours of inspection to control irregularities, receive complaints of fraud and deceit, as well as to field teams of regulatory plant tours to validate their products conform to specifications, sampling of suspicious goods and subject to examination and analysis, drag and confiscation Products infected and up ads to verify its credibility, refer breaches of the system of Investigation and prosecution filed for judicial authorities.
    Hedhili, explained that it is possible to identify the goods or products adulterated system by any change or modification to any product in itself, or its nature or its components, or its data, such as source or country of product or the ability of either weight or size or double or number or power or caliber, plus expiration date and standards adopted or any of its terms.
    Hedhili said that commercial fraud is viewing the product description or marketed on false information or deceptive in violation of his truth, and trademark fraud noting that fraud damage physical and economic health. Hedhili, pointed out that the support of the Ministry of trade and industry (500) function of the regulatory acts came to support the human resources Ministry and understaffed because of the multiple functions and responsibilities and significant expansion in the size of the economic activity and the proliferation of markets and commercial complexes. This support has enabled the Ministry to expand its activities and support its work in the field. Hedhili demand on tightening controls on imports, and activating the role of the laboratories, and the regulatory role effectively, and enhance coordination and information-sharing among SAIs, action on speed violations and penalties, consumer awareness and strengthen its cooperation with regulatory bodies, situations of concealment and breaches of system work and residence.
    Meanwhile the Secretary General of the Council for the protection of competition, Dr. Mohammed bin Abdullah Al-Qasim in his paper entitled ' competition law and its role in strengthening the competitiveness of businesses ' to some actions that impose restrictions on the market, such as ' split the customers ' or markets or which impose restrictions on production or sales quotas, and in sectors that have a surplus, in order to raise prices, agree on the method of compensation of selling below its share, said that there is another method, such as refusing to purchase, Or to supply the most common means to compel others to follow a prescribed course of action by the province, in addition to price such as the producer or wholesaler to the retail pricing, exclusive dealing and to refrain from dealing in goods of a competitor, and exclusive areas, refuse to purchase, or a refusal to supply.
    Qassem said that the Council sought to find solutions to the activation cycle by stressing the Council enjoyed legal personality, administrative and financial independence, and employees of the system, so he could get adequate financial resources and attract qualified and distinguished, stressing the need to include text not to refer to offense chapter established if evidence of irregular partners provided reveals this is in line with international practices, where the policy is an effective tool to detect monopolistic entities and obtain direct evidence and also link Fine as a percentage of sales (instead of an amount not exceeding $ 5 million)as is the case in most international competition authorities.  He explained that the number of complaints and the initiatives that the Council has reached 27 complaint cases either the initiative of the Commission chapter amounted to a case, 32 the number of respondent enterprises amounted to 101 and the number of resolutions of 16 elementary, and the number of enterprises convicted 34 facilities.
    Speaking at the same meeting, Dean of the Faculty of Economics and administration at King Abdulaziz University, Dr. Ayman al-Fadhil (covering trade and economic effects) occurs at the beginning of (devoted to Prince Mishal Bin Majed for studies and research issues of the trade Cover), which aims at providing scientific solutions to problems related to cover up business in Jeddah, said Fadel, as the combat system covering up of 2004 prohibits non-Saudi activity not authorized by his or her investment under the foreign investment system members of laws and regulations with reference to Except GCC nationals under the decision of leaders in Muscat 2001 endorsed the right of every citizen of the country without distinction to be treated as a citizen of a State in the exercise of commercial activities and professional and service activities. The regulations in the Kingdom are both an enables non Saudi investment in any prohibited activity is exercised either by using its name or its licensee, or the commercial registry or in any other way is included under ' covering'.
    Covering: the secret to hide the truth of knowledge contrary to regulations which are hidden nodes and a phenomenon called antibody and paper handling is a citizen is a natural or legal person, noting that the large revenue introduced a new careers and made access to the covering (accountants – lawyers – banking).
    He stressed that this phenomenon distorted the national economy to the lack of indicators for measuring growth rates, and prices and unemployment and other (what cannot be measured cannot be managed). Fadhil reviewed set of indicators covering trade issues for the fourth quarter of 2011 depending on the data of the Ministry of trade and industry Agency of consumption, saying that in the year 2011. The total number of cases related to cover up some 291 cases: of which 64 cases to investigate the allegation (22), and 184 cases under procedure ( 43) cases were saved , cases under procedure (184) are in 16 cases, and in 20 cases, and 40 cases, and Mecca 7, Medina 46 cases, the rest of the Kingdom of 55 cases.
    The nationalities of the suspected, saying that employment Bengali is (22.7), employment (19), employment (14.1) and the rest of Yemen and Sudan and the Palestinian, Lebanese and others said that the cover-up is concentrated in a number of economic sectors, notably construction and contracting sector (37), materials and consumer goods (13.2) and trade sector (3.5), and consumer goods and materials sector (3.5), and various other professions (14.3) , number of proposals to combat this phenomenon including display timeout for activities 'The cover up' to try to correct the situation without signing a minimum sentence, and activating the role of elders and the national committees and chambers of Commerce for principals, and the establishment and support of an independent organ for criminal research specialist to cover up trading, and simplify the procedures for foreign capital investment in sectors with a high proportion of principals to enable them to correct the serious situation, a clear and stimulating job-seekers allowance from citizens to enable them to create their own small projects.
    For his part the lawyer Dr. Osama Al-Qahtani working paper entitled (the role of trade in development of the national economy), confirming that the quality systems and up to protect the economy, noted that Saudi Arabia's trading system is a breakthrough in formal legislation, such as the system of arbitration and finance enforcement, there is an expansion of the scholarship to study law. AlQahtani reviewed a number of the old systems that still works and is in need of renovation, including (commercial court), he had written in the year (1350), before more than 80 years, a document in writing to the Ottoman Trade Act of 1807, who is also from the French commercial law, which dates back to the late 17th century. And also (companies) which is almost 50 years old that appeared in the year 1385 and development of this system has not seen the light after, and (bankruptcy) said that chapter x of the source system, the commercial court, specifically in articles (103-135), and some articles in the corporate system.  And the (intellectual property) said that with the exception of copyright; no system protects intellectual property rights and trade secrets, particularly those that protect national firms there are regulations issued in 2005 by the Minister of trade (regulation of the protection of confidential business information) in 9 materials for protection of pharmaceutical and agricultural chemical products only, and their many observations.

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