GCC 2006 express market set to rise 15 per cent, says TNT Gulf Chief
The GCC’s express market is set to grow by around 15% in 2006, according to the Managing Director of TNT Gulf. According to Mark Pell, Saudi Arabia’s imminent entry into the WTO and the progressive unification of the GCC, will contribute to growth. However, he warns that initiatives will only pay real dividends if commitment is at all levels of government, especially customs. ‘The ambiguity, understanding and application of customs legislation varies from country to country and officials around the region need to consult the industry more regularly to ensure any new implementations can be practically achieved by us and ultimately encourage legitimate trade growth,’ he said. ‘Failure to recognise and deal with these issues in a coherent and timely way will result in businesses creating alternatives and circumventing the system. When this happens, it’s generally the freight industry that has to pick up the pieces.’ Nevertheless Pell says there is reason for optimism.
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