Politic Factor of Abu Dhabi

 

 

 
 
 

 
 

 
 
 

 

 

 
 
 

 

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At Current Prices)/   GDP Per Sector   (Million Durham's

As a portion of GDP, the largest contributors in 2003after oil (26 percent) were in descending order, manufacturing (15 percent), wholesale and retail trade (12 percent), government services (11 percent), business (10 percent), and construction (9.2 percent).

Government System

The government is a federation of the seven emirates of Abu Dhabi, Dubai, Sharjah, Ras Al-Khaimah, Ajman, Umm Al-Quwain, & Fujairah. Each has its own ruler, but are collectively headed by a president and a vice president.  HH Sheikh Zayed bin Sultan Al Nahyan, the ruler of Abu Dhabi, is the President.  HH Sheikh Maktoum bin Rashid Al Maktoum, the ruler of Dubai, is the Vice President.  The rulers of each of the emirates belong to the supreme council, which is the UAE's highest legal authority and promulgates federal laws.
 Each emirate has its own local government involved with municipal affairs and in some cases major public utilities like power and water.
 

Trade Barrier
 
The United Arab Emirates (UAE) maintains a free exchange and liberal trade system. and on January 1, 2003, the GCC states agreed to harmonize its import duties to five percent.
 In advance of the GCC Customs Union agreement, the UAE government created the UAE Customs Authority. The Customs Authority's main priority is to create a customs union within the UAE to unify Customs rules, regulations, procedures and documentation. 
Only firms with the appropriate trade license can engage in importation.  Documentation requirements follow international standards and delays in custom clearance have been infrequent.  The competition for business between the port facilities of the different emirates has kept user rates at a minimum and put a premium on services.  There are no duties on exports.  For religious and security reasons, there are various restrictions...