Blacklist the United Arab Emirates

Blacklist the United Arab Emirates –, November 6, 2012
…Dubai, the emirate that was the world’s fifth largest diamond center in 2007, maintains a reputation as a diamond and gold smuggling center. Its trade zones and tax-free status make it a convenient center for diamond dealers to launder profits and avoid taxes in their home markets.
The United Arab Emirates’ waterways are also abused. Dubai’s port has been aptly dubbed “Smugglers Creek” because of its multitude of rarely inspected dhows—wooden boats used to transport goods—which ply the Arabian Sea, Indian Ocean, and eastern Africa…

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