The UAE Supreme Committee for Consumer Protection, headed by minister of economy, has promised steps to manage rates of essential goods and also protect consumers from 'exposure to unfair prices.'

Sultan Bin Saeed Al Mansouri, minister of economy, presided over the committee's sixth meeting in Dubai and reviewed a presentation on the commodities report and also a proposal to establish a court for consumer protection.

The other issues discussed included the implementation of a practical mechanism for an 'Early Alert System' to ensure that the prices of essential goods are managed effectively.

The system aims to investigate the reasons behind the shortage of commodities globally, and device means to avoid losses from unprecedented price rises and supply fluctuations in the international markets.

Mansouri said the committee will ensure that consumers are not exposed to unfair prices of essential goods, and also work to strengthen harmonious relations between suppliers and consumers.

“We are putting strong efforts and co-ordinating at all levels across retail outlets and local departments to ensure that consumers are protected and well-covered,” he added.

The committee also deliberated on the report of the Fourth Gulf Consumer Protection Day.-TradeArabia News Service