More than half of the Philippines' provinces are in drought as El Nino exacerbates hot and dry conditions typical for March, April and May
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The Commercial Compliance & Consumer Protection, or CCCP, sector in the Department of Economic Development, or DED, in Dubai made remarkable progress in protecting the rights of trademark owners in 2015 by confiscating 63 million pieces of varied counterfeit goods worth over Dh1.01 billion, a significant increase over the 37 million pieces of imitations worth Dh188 million seized during the previous year.
The Global Competitiveness Report 2015-2016 issued by the World Economic Forum (WEF) ranks the UAE 22nd globally in intellectual property rights protection and DED in co-operation with the federal and local government authorities as well as the private sector is working to move the country further up in the ranking.
Eyewear topped the list of confiscated goods in terms of value - about Dh171 million - followed by accessories worth Dh139 million and counterfeit phones worth Dh132 million. Computer accessories accounted for the largest number of pieces confiscated with 22 million, followed by 14 million pieces of accessories and 10 million pieces of cosmetics.
Mohammed Rashed Ali Lootah, executive director of CCCP, commented: "The Commercial Compliance & Consumer Protection sector keeps a close watch on any rapid change in the supply situation in the market."
- business@khaleejtimes.com
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