During the meeting, leaders from the aviation, security, commodities, mining, logistics and jewellery industries, as well as government and law enforcement officials provided feedback on the challenges presented by hand-carry gold, and possible solutions that would help to raise industry standards on a global scale.
Speaking on behalf of DMCC, Executive Chairman and Chief Executive Officer, Ahmed Bin Sulayem commented, “We cannot wait for the major centres to solve these issues. It’s a global issue in which we are all involved, so we have to take these matters seriously and understand that the task ahead is not impossible. Let it be known that any resistance to positive industry reforms will not come from Dubai or the UAE and that any encountered will be flagged and investigated.”
In a statement released by The Executive Office, Director-General, Hamid Al-Zaabi stated, "DMCC’s roundtable not only consolidated the challenges that hand-carry gold poses, but also a wide range of solutions. As we continue to develop, and eventually implement our federal policies on gold, we look forward to working with DMCC and other industry leaders to provide a clear framework, which can eventually be extended to the international community.”
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished