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UNITED ARAB EMIRATES

UNITED ARAB EMIRATES. THE PEPPER TRADE Presented by Parsram Dhirani Royal Golden General Trading LLC Dubai. UNITED ARAB EMIRATES. POPULATION: 8,264,070 (2010 ) CAPITAL: ABU DHABI CURRENCY: DIRHAMS OFFICIAL LANGUAGE: ARABIC

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UNITED ARAB EMIRATES

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  1. UNITED ARAB EMIRATES THE PEPPER TRADE Presented by Parsram Dhirani Royal Golden General Trading LLC Dubai

  2. UNITED ARAB EMIRATES POPULATION: 8,264,070 (2010) CAPITAL: ABU DHABI CURRENCY: DIRHAMS OFFICIAL LANGUAGE: ARABIC EMIRATES (7) : ABU DHABI, DUBAI, SHARJAH, AJMAN, FUJEIRAH, RAS AL KHAIMAH, & UMM AL QUWAIN

  3. UNITED ARAB EMIRATES MAJOR COMMERCIAL HUB SEAPORTS: Dubai, Jebel Ali AIRPORTS: TERMINALS 1,2,3 and Al Maktoum International Airport BEST AIR LINE CONNECTIVITY LAND: METRO, BUSES, TAXIS,

  4. UNITED ARAB EMIRATES SECURE & CRIME-FREE EXCELLENT INFRASTRUCTURE POPULAR TOURIST DESTINATION NO INCOME TAX

  5. Royal Golden Trading - Overview Spices Dry Fruits Almonds Cashews Pistachio Pine Seed Raisins • Black Pepper • White Pepper • Cloves • Cardamom • Cumin Seeds • Nutmeg • Ginger • Chilies • Saffron

  6. UNITED ARAB EMIRATES “THE KING OF SPICES” Black Pepper – Piper Nigrum Traditional Origins Vietnam India Brazil Indonesia Malaysia Sri Lanka Madagascar Others

  7. UNITED ARAB EMIRATES Pepper Trade in UAE • Preferred origins • Refundable 5% Custom Duty • Physical inspection • Gross for net • Payment Terms • 80-90% Re-export

  8. UNITED ARAB EMIRATES Pepper Trade in UAE (Contd) • Problems faced: • Arabic Labeling • Quality • Un Timely Shipments • Defaults

  9. UNITED ARAB EMIRATES Annual UAE Imports of Black Pepper (MT)

  10. TOP THREE IMPORTING COUNTRIES FROM VIETNAM

  11. UNITED ARAB EMIRATES Why Dubai? • Gate way to many markets • Inspect material before purchase • Raw materials from multi origins • Fair price and well dried goods • Assorted container • Quick shipments • Fast custom clearance • Short transit time • Fast and efficient banking • Visa within 24 hours • Buyers enjoy credit facility

  12. UNITED ARAB EMIRATES • Major Export Destinations • GCC (7 days) • Egypt (16) • Iraq (3) • Jordan (10) • CIS states (25-30) • Libya (29) • Iran (1) • Afghanistan (7) • Algeria (20) • African destinations (25-30) • Yemen (5) • Pakistan (3) • Oman (1) • Turkey (18)

  13. UNITED ARAB EMIRATES Recommendation • Pepper Conclave during: • Gulf Food Exhibition - Dubai • SIAL Middle East – Abu Dhabi • Food Agro – Tanzania

  14. UNITED ARAB EMIRATES Glimpse into the Future • Past – 500 faq • Present – Clean and heavy pepper • Future – Tougher food laws • Increasing demand for superior and sterilized goods • New airport will serve 160 mil passengers • Popularity of food exhibitions • Candidate city for Expo 2020

  15. UNITED ARAB EMIRATES Thank You

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