By Gavin Gibbon
The draft federal law on consumer protection is currently being discussed by the FNC's Financial, Economic and Industrial Affairs Committee
A new law to protect consumers from rogue traders is set to be introduced in the UAE.
The draft federal law on consumer protection is currently being discussed by the FNC Financial, Economic and Industrial Affairs Committee and will be presented to the UAE Parliament for further contributions before it is approved.
It will enable consumers to contact authorities at the Ministry of Economy to lodge complaints about fraud and exploitation.
Saeed Rashid Al Abedi, chairman of the committee, said: "The committee was keen to add to the draft law, amendments that will benefit consumers and protect them from exploitation by suppliers."
"The committee has discussed the majority of the articles pertaining to the law with representatives of relevant departments.”
He added: “As part of the law, the relevant authorities will obtain the correct information on goods purchased by consumers, and raise the awareness of consumers about their rights and obligations.”
Once given the green light by the FNC, the law will be taken to the UAE President for final approval.