Friday, December 16, 2011

Amendment prohibits foreigners from running airport duty free shops

Kulhudhuffushi-South MP Mohamed Nasheed has submitted an amendment to Business Registration Bill in a bid to prohibit foreign companies from managing duty free shops at the airport.


The amendment was proposed to the bill, which is being reviewed by a parliamentary committee, after India's GMR registered a retail company in the Maldives.
Nasheed proposed to include in the list of prohibited businesses for foreigners airport duty free shops, customs clearance, cargo clearance and bonded warehouses.
"The endorsement and ratification of the bill with the amendment is the shortest legal path to prevent GMR from carrying some of the activities that damage local businesses," he said in a statement issued today.
GMR, which manages Ibrahim Nasir Intentional Airport, gave a three-month notice to vacate the Alpha MVKB duty free shop run by MVK at the airport. GMR closed the shop on November 29 by erecting wooden sheets around the shop after the three-month deadline expired.
Both the Civil Court and the High Court ruled in favour of GMR's notice.
Earlier this month Customs officers blocked GMR officials from disassembling the shop and packing the goods at the shop.
GMR also registered a retail company – GMR Male Retail – at the Economic Development Ministry.

No comments:

Post a Comment