ADDED prohibits industries from exporting iron scrap, cardboards
The decision helps local production facilities maintain business continuity by increasing access to raw material for manufacturing
The Abu Dhabi Department of Economic Development (ADDED) has issued a circular temporarily prohibiting all concerned and registered facilities in Abu Dhabi from exporting iron scrap and waste paper and cardboards.
The decision is applicable for a period of four months starting May 15, 2020 which can be renewed, following the decree issued by the UAE’s Ministry of Economy, MOE, No. 1/77 of 2020.
The under-secretary of ADDED, Rashed Abdul Karim Al Balooshi, said that the decision seeks to help local production facilities maintain business continuity and also promotes domestic products by ensuring that local producers have access to raw material for their manufacturing operations.
The circular is in line with ADDED’s efforts to support local private companies manage the challenges posed by the restrictions of the COVID-19 pandemic.
This move especially supports SMEs whose importing capabilities to secure raw materials abroad had been impacted by the ongoing COVID-19 crisis, state-run news agency, Wam, reported.
According to the Abu Dhabi Customs, the emirate has exported more than 6,163 tons of iron scrap in 2019, compared to 1,590 tons in 2018. Meanwhile, 29,530 tons of paper waste were exported last year, compared to 2,230 tons in 2018.
These figures show a jump in the volume of exports of iron and paper waste. Following such increase, the UAE Government has taken the steps to make best use of these waste to be recycled by national companies amidst the current circumstances brought about by the pandemic.