The FCA Board of Directors has held its second meeting for 2015 in Dubai, headed by H.E. Obaid Humaid Al Tayer, Minister of State for Financial Affairs and Chairman of FCA, in the presence of the board members, representatives of the Ministries of Economy, Finance, Interior and Environment, the Supreme Council for National Security, local customs administrations and the private sector.
The Board of Directors has reviewed, during the meeting, a number of memos, reports and minutes of meetings related to the matters listed on the agenda, including the minutes of the first meeting of the Audit and Risk Committee for 2015.
The Board discussed the recommendations after Dr. Rajaa Al Gurg, Head of the Audit and Risk Committee, presented the recommendations contained in the Minutes of the meeting.
The Board reviewed the memorandum prepared by the FCA on the results of the performance of the strategic and operational plan for the first quarter of the current year. The memo confirmed that the FCA exceeded the target in achieving operational initiatives and projects within the “Injaz” system, while the target was 30.1 per cent, FCA achieved by the end of March 2015 35.6 per cent.
The memorandum indicated that the FCA was able to achieve 7 government indicators and enablers, in addition to 27 operational indicators during the first quarter of the current year.
The FCA Board of Directors has reviewed the Memorandum about the FCA procedures and its plan on the participation in the fourth session of Sheikh Mohammed Bin Rashid Government Excellence Award. The Board also reviewed the memorandum of the FCA on the assessment of e-maturity, the FCA plan and its preparations for the final evaluation to be held in December.
The Board reviewed, at its second meeting, the executive summary presented by the FCA on the customs seizures of the local customs administrations statistics, in addition to the statistics analysis and disclosure of the cash amounts.
Furthermore, the Board was briefed on the latest developments in the study of the customs clearance time in the light of its recommendations during the first meeting of 2015. The memorandum prepared by the FCA in this regard, noted that the second phase of the project is under process. It is noteworthy that the first phase has featured the completion of the initial study according to the best practices and the World Customs Organization standards, the discussion of implementation of the customs clearance time with the unification of customs procedures and the identification of the procedures and ports to be measured by the local customs departments.
The memorandum indicated that the implementation of the second phase began with the start of the current year, and a meeting was held with the customs clearance time measuring team last February to approve and implement the work plan of the second phase. Furthermore, the criteria for selecting the regulatory entities-partners of the FCA in the customs ports were identified for the customs clearance time measurement. The regulatory entities were identified according to the approved standards (the principle of risk analysis), and an action plan and timetable for the meetings to be held with regulators were set, as a prelude to ending the requested study as scheduled.
The Board discussed, at its second meeting, the memorandum of the FCA on the plan of academic qualification and joint customs training, as an initiative adopted by the FCA based on the recommendation of the Board at its previous meeting. The Board stressed the need to develop a medium-term plan and implement an initiative to study the needs of each customs department in this regard, and coordinate with universities, colleges and higher institutes to develop appropriate educational courses in the light of the requirements, so these courses target the inspectors and employees in the customs sector.
The Board was also briefed on the latest developments in the GCC Customs Union in the light of the tenth meeting of the Customs Union, which was held last March in Saudi Arabia. The Board discussed the developments and the remaining requirements to complete the Union and achieve the full implementation and the final status of the GCC Customs Union.
In the same context, the Board members discussed, during the meeting, the developments in the proposed mechanism for the distribution of the customs proceeds among the GCC countries and the automatic transfer of the customs duties between the Member States.Caption: Obaid Al Tayer chairs the FCA second meeting for 2015.