First GCC E-Commerce Conference Held in UAE

21 Nov 2005

ABU-DHABI - The United Arab Emirates (UAE) is to become the headquarters of the E-commerce Authority for the GCC states, according to General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Defense Minister, the Khaleej Times reported.
"The GCC E-Commerce Authority, headquartered in Dubai Internet City, will be an annual event to be hosted on rotation basis by the member GCC states," said Al Maktoum at the First GCC E-Commerce Conference and Exhibition in Abu Dhabi.
Sheikha Lubna Al Qasimi, UAE Minister of Economy and Planning, said a great deal of legislation was enacted in the Arab countries that provided the legal and legislative environments in the field of e-commerce, "but we still have a lot to do when compared to the leading countries in this field."
Sheikha Al Qasimi said in earlier statements that the Gulf Cooperation Council (GCC) states are planning to frame a unified law on e-commerce.
"The GCC states plan to take coordinated steps, including development of payment infrastructure and direct contacts, to form a unified law for all electronic trade in the region," she added.

Delegates from across the GCC gathered to exchange views on the concept, requirements and challenges of e-commerce in the GCC states.
The Nov. 20-21 event was organized by the Ministry of Economy and Planning in cooperation with the Secretariat General of the GCC, the General Information Authority in UAE, and the Secretariat General of the Federation of GCC Chambers of Commerce and Industry.



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