Gulf states plan laws to curb fuel smuggling
‘If there’s a subsidy, countries don’t want those products to be sent across the border’ UAE energy minister says. Abu Dhabi: Gulf countries including the UAE and Saudi Arabia are formulating new legislation to curb fuel smuggling, the UAE energy minister said on Tuesday.
Smuggling of fuel, including diesel, gasoline and other products, is frequent across the borders of some Gulf Arab states, where different levels of fuel subsidies create price gaps that criminals can exploit.
http://gulfnews.com/business/oil-gas/gulf-states-plan-laws-to-curb-fuel-smuggling-1.1440816
Related Posts
Taxman impounds Rwf590m worth of smuggled products.
Smuggled products worth Rwf590 million were impounded in the 2017/18 fiscal year,...
Manufacturers in pain as smugglers, counterfeiters have a field day
Nigerian manufacturers are writhing in pains arising from the activities of...
How mPedigree built a business by combating counterfeit products
The mPedigree Network is an African enterprise offering manufacturers the...
Feds seize large Fresno County tribal cache of cigarettes
Federal agents seized more than $600,000 in cigarettes destined for the Big Sandy...