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Isle of Man Government seeks to develop E-commerce links with UAE

United Arab Emirates: Tuesday, October 09 - 2001 @ 15:52

The discussions are centred on the island’s E-commerce and E-society strategy developed to place the Isle of Man at the forefront of the E-business revolution world-wide.

The talks are being led by the Honourable Donald J Gelling, Chief Minister of the Isle of Man Government, who is heading a large business delegation from the island to the UAE this week.

Chief Minister Gelling has already held discussions with the Governor of the UAE’s Central Bank, H.E. Sultan bin Nasser Al Suwaidi, in Abu Dhabi. He is scheduled to meet with both Ahmed bin Byat, Chief Executive of Dubai Internet City and H. E. Abdul Rahman Al Mutaiwee, Director General, Dubai Chamber of Commerce and Industry, in Dubai tomorrow (October 10).

“Dubai and the UAE, along with the Government of the Isle of Man, are at the forefront of E-commerce developments and I am eager to exchange ideas and experience with those, particularly Dubai, who recognise that E-technology is the future of business, ” said Chief Minister Gelling.

“Following on from my discussions I would like to establish a relationship in which the Isle of Man is the preferred E-commerce partner for Dubai and the UAE in Europe.”

The Isle of Man is one of the first international offshore centres to develop its own E-business strategy.

“E-commerce is fast becoming a main route of modern business and the strategy is an important milestone in the Government’s commitment to ensure that the Isle of Man remains at the forefront of e-enabled jurisdictions,” Chief Minister Gelling said.

“When the strategy was being prepared, considerable research was undertaken in order to find out from others what their e-commerce strategies were and to identify best practice around the world.

“However, despite this extensive research we were unable to identify a similar document produced by another offshore jurisdiction. Therefore, the strategy is something of a world first.”

The strategy has two main goals – to ensure that all commercial organisations already located on the Isle of Man embrace E-commerce solutions and technology and to attract more E-business to the island.

“The Isle of Man is a top-drawer international finance centre as recognised by a number of powerful global organisations including the OECD and G7,” Chief Minister Gelling said.

“In addition, it has a wide range of advantages to offer new and existing E-businesses, including unequivocal Government support; a state of the art telecommunications infrastructure and an E-commerce regulatory regime designed to encourage growth rather than inhibit opportunities.”

The Isle of Man has also launched its JUPITER Project in the wake of the development of its E-commerce and E-society strategy. The Joined UP Information Technology for the Electronic Resident project is the next phase in the island’s development of e-Government services. It will link the different parts of Isle of Man’s Government and provide efficient and convenient ways for residents and businesses to communicate with Government and receive its services.

During their visit to Dubai the Isle of Man Government delegation will be participating in the Expat Show – the expatriate lifestyle exhibition – being held at the Emirates Towers Hotel from October 10 to 12.

“It is very important to build international relations and exchange views which are common to all,” said Chief Minister Gelling. “I am particularly keen to ensure that the perception of the Isle of Man is well-known throughout the Middle East.

“We are also particularly aware of the importance of the expatriate market to us, hence our decision to participate in the Expat Show.”

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Tuesday, October 9- 2001 @ 15:52 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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