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Dubai Customs Advisory Council discusses trade promotion in support of economic stimulus initiatives

2018-10-07

Dubai Customs Advisory Board (DGCCC) Chairman Ahmed Mahbub Musabah attended the meeting of the Dubai Customs Advisory Council in the presence of Juma Al Ghaith, Executive Director of Customs Development Sector, Abdullah Al Khaja, Executive Director of Customer Management, Farid Al Marzouqi, Executive Director of Human Resources, Financial and Administrative Sector and a number of Directors of Customs Departments. , Where the government’s efforts to stimulate economic activity and the most prominent developments in the foreign trade sector were presented.

Mr. Ahmed Mahbub Musabah welcomed the representatives of the business groups, stressing that Dubai Customs is keen to enhance cooperation and coordination with them to support the development of commercial and customs services and facilities to ensure continued growth in Dubai’s foreign trade. The value of Dubai’s non-oil foreign trade in the first half of 2018 amounted to AED 645 billion Of AED 5 billion compared to its value in the first half of 2017. This shows the extent to which the foreign trade sector is able to overcome the rapid developments witnessed in the global economy and the rapid escalation of the war of trade between the international economic forces

“The UAE is working to stimulate economic activity by launching government initiatives aimed at enabling the trade and investment sectors to expand their business, activities and projects in support of the growth of the national economy. The government services fees have been fixed in Dubai for three years up to 2021, Government initiatives include providing the best services and facilities for all business sectors. We work in Dubai Customs to keep pace with these efforts by launching new projects that support the development of Dubai’s foreign trade. We are currently developing the services and facilities offered for electronic commerce in cooperation with All actors partners in the development of electronic commerce, which is witnessing an expansion of a growing local and global movement.

“The ongoing development and modernization initiatives of Dubai Customs services are in line with the rapid progress towards an unparalleled success in hosting Dubai Expo 2020, where we are working to stimulate creativity and innovation to enhance customs performance and to establish the UAE’s leading leadership in the field of customs services. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received the first place in the world index of the effectiveness of customs bodies, which motivates us to enhance this achievement through progress in the development and use of the latest Applications of artificial intelligence in increasing the efficiency and efficiency of our services. ”

Nadia Abdullah Kamali, Executive Director of Customs International, spoke about the government’s efforts to stimulate economic activity. The government agencies in Dubai are working on developing new initiatives to support and stimulate the economic sectors in the emirate. “At Dubai Customs and the Ports, Customs and Free Zone Corporation, we are engaged in government initiatives and are developing new initiatives to encourage trade with regional ports through wooden vessels through the creation of intelligent systems. We also work with government agencies to develop free zones in the Emirate of Dubai and improve the added value offered to investors in the free zones.

The first half of 2018 witnessed a strong growth in the re-export trade by 14%, representing an increase of 24 billion dirhams to reach 203 billion dirhams, which is firmly established, said Dr. Ahmed Abdul Salam Kadhim, Senior Director of Strategy and Corporate Excellence at Dubai Customs. Dubai’s role as a regional and international hub for re-export, while the value of imports amounted to 377 billion dirhams and the value of exports 65 billion dirhams. Dubai’s foreign trade through the free zones in the emirate registered a strong jump with a growth of 20%, an increase of 43 billion dirhams to 257 billion dirhams , Where re-export trade was recorded The Free Zones grew by 31% to AED 112 billion. The value of exports from the free zones increased by 23% to AED 8 billion, while the value of imports through the free zones reached 12% to reach 136 billion dirhams. AED and the value of customs warehouse trade 6 billion dirhams.

He explained that government initiatives to stimulate economic activity support the ability of the foreign trade sector to continue to grow despite the negative developments in world trade as the war of trade and the acceleration of fluctuations in international exchange rates

Director of Customer Management, Idriss Behzad, presented Dubai Customs’ efforts to develop cooperation with business groups through the Advisory Council, stressing the Department’s keenness to meet the requirements of all sectors of trade and investment in Dubai in support of the growth of the national economy.

Ayaz Maqbool, General Manager of DOTC, the technical arm of the Ports, Customs and Free Zone Corporation, presented the project “Naw” to develop a smart platform for booking shipping operations targeting the shipping trade of wooden vessels in Dubai Creek. Where boat order leaders and traders can search and inquire about the availability and booking of cargo shipments through one easy to use application. The project was selected in the Dubai X10 initiative, which aims to apply today to Dubai what the other cities of the world will be after ten years. ”

During the meeting, the latest developments in government initiatives to stimulate the economy and develop Dubai’s non-oil foreign trade were presented. The business group for the distribution, supply, logistics, electronics and retail sectors also discussed the development of these sectors and their future plans Dubai.

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