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GCC countries ranked from highest to the lowest in terms o
Transcript of GCC countries ranked from highest to the lowest in terms o
To effect co-ordination and connection between GCC countries in all fields in order to achieve unity between them.
to deepen ties and cooperation between people in all fields.
To formulate similar regulations in various fields including the following:
- Economic and financial affairs.
- Commerce, customs and communications.
- Education and culture.
- Social and health affairs.
- Information and tourism.
- Legislative and administrative affairs.
stimulate scientific and technological progress in the fields.
establish scientific research .
Thank you for your attention
Find most recent tariff rates for ( 5 ) food/ agricultural commodities in UAE.
Find at least three ( 3 )non-tariff barriers on food imports.
Reference complete source of information (including web address, if any).
Use provided data for simple analysis
Extract specific information
Use tables, charts, graph etc. to interpret the results.
Simple calculations (mean, percent, percent change, etc).
Using Excel/Word or/and any other program for the assignment.
Homework 1 : Compare between UAE & GCC
Homework 2 : Data compare
Homework 3 : tariff & non tariff
Homework 4 : GCC
Homework 5 : Exchange Rates
Calculate exchange rates for UAE Dirham with any five countries of your choice.Show all your work, calculations and procedure.
Non-tariff barriers on food imports
Compare following information for UAE, GCC countries and highest and lowest country in the world in each category:
3) Per capita GDP
4) Contribution of agriculture sector in the country’s total economy.
Tariff rates for food/ agricultural commodities in UAE
Conversion rate (NGN/AED) = 43,18677
1 AED = ( 1 x conversion rate ) = (1 x 43,18677 ) = 43,19 NGN
1 NGN = ( 1 ÷ conversion rate ) = (1 ÷ 43,18677 ) = 0,02 AED
UAE(AED) – Nigerian (Nair)
Conversion rate (TRY/AED) = 0,54017
1 AED = ( 1 x conversion rate ) = (1 x 0,54017 ) = 0,54 TRY
1 TRY = ( 1 ÷ conversion rate ) = (1 ÷ 0,54017 ) = 1,85 AED
UAE (AED) – Turkey (Lira(
Conversion rate (BHD/AED) = 0.10238(
1 AED = ( 1 x conversion rate ) = (1 x 0.10238 ) = 0,10 BHD
1 BHD = ( 1 ÷ conversion rate ) = (1 ÷ 0.10238 ) = 9,77 AED
UAE (AED) – Bahrain (Dinar)
Conversion rate (CNY/AED) = ( 1,65671 )
1 AED = ( 1 x conversion rate ) = 1 x 1,65671 = 1,66 CNY
1 CNY = ( ( 1÷ conversion rate ) = 1 ÷ 1,65671 ) = 0,60 AED
UAE (AED) – China ( CNY )
Conversion rate (NZD/AED)) = 0,32958 )
1 AED = ( 1 x conversion rate ) = ( 1 x 0,32958 ) = 0,33 NZD
1 NZD = (1 ÷ conversion rate ) = ( 1 ÷ 0,32958 ) = 3,03 AED
UAE(AED) – New Zealand ( Dollar )
Global Agri-Food Trade
Rana Taha Sid Ahmed 200935485
Mariam Abdulla Al-Dhaheri 200907811
Aisha Ahmed Al-Naqbi 201302092
Ghadeer Hasan Al-Hosani 201007478
Noura Saif Al-Neyadi 200907757
Effect on food trade
buying or long-term leasing of farming land abroad
investment in solar and
Future goals and expectations
4. unprecedented socioeconomic
3. Religion, language,
Key characteristics of GCC
GCC countries ranked from highest to the lowest in terms of Population 2012
GCC countries ranked from highest to the lowest in terms of Gross Domestic Product (GDP) in 2012
GCC countries ranked from highest to the lowest in terms of per capita annual Gross Domestic Product (GDP) in 2012
GCC countries ranked from highest to the lowest in terms of agriculture contribution 2012
2.All GCC Country are
monarchy political system :
1.Oil and Gas Reserves:
Gulf Cooperation Council ( GCC)
Single point of entry
Gulf Standards Organization (GSO)
Oil as a depleted
source of income.
Achievements & drawbacks
GCC Common Customs Law under the "single port of entry" principle are subject to customs duty only at the first point of entry into the GCC.
The free movement of goods among the GCC States.
Food Safety Committee of the GCC States
• Import Licensing
• Proportion restrictions of
foreign to domestic goods
• Valuation Systems
• Export subsidies
• Countervailing duties
• Domestic assistance