VOL. XXXVI

NO. 42

19-JULY-1993

UAE

UAE Official Calls On Oil Exporters To Retaliate Against Carbon Tax

Shaikh Muhammad al-Qasimi, Head of the Economics Department of the UAEMinistry of Petroleum and Mineral Resources, has called on the oil exporters toretaliate against western countries applying the proposed carbon tax byimposing: (a) higher customs tariffs on imports of western manufactured goods,and (b) a kind of wellhead tax which would benefit oil producers rather thanconsumers. In an...