Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Dubai Customs explores more mutual trade with KSA
 
Dubai Customs explores more mutual trade with KSA

After recent signing of AEO mutual recognition agreement
 

Dubai, United Arab Emirates -  08 July  2019:   Director General of Dubai Customs Ahmed Mahboob Musabih received in his office H.E. Abdul Hadi Mohammed Al-Shafi, the Saudi Consul-General to Dubai. The two discussed means of boosting cooperation between Saudi Arabia and Dubai especially in bilateral trade and customs business. 

“It’s very important for us to boost ties of partnership with our brothers in Saudi Arabia and its diplomatic missions and business councils and corporates. “The Kingdom is a very important trade partner to Dubai” said Musabih. 

An Authorized Economic Operator (AEO) mutual recognition agreement has recently been signed between the UAE and Saudi Arabia. This will help reduce clearance time to minimum and boost mutual trade between the two sides. 

Saudi Arabia is Dubai’s biggest trade partner in the Gulf and in the Arab World, and the 4th internationally. Dubai non-oil external trade with Saudi Arabia in 2018 made AED 55 billion, and in 1Q 2019 it reached AED 13.2 billion.

“There is much room for more cooperation, and there are many opportunities of business and investment between Dubai and the Kingdom” Musabih Said. 
Director of Dubai Customs confirmed they deliver the best services and facilities to Saudi firms and businesses in support of this partnership. This also paves the way for enhanced trade in conjunction with Expo 2020, and the launch of Dubai Silk Road, the first article in the 50-Year Charter, which was initiated by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

Musabih also reaffirmed Dubai Customs efforts in developing ties of cooperation with the Saudi companies. He also invited for more Saudi participation in the Carpet & Art Oasis which Dubai Customs annually organizes and has become one of the prominent international carpet exhibitions.  

The Saudi Consul thanked Dubai Customs for their cooperation which have led to the development of mutual trade, especially with the signing of the mutual recognition agreement. 
 

 


Posted by : Dubai PR Network Editorial Team
Viewed 8491 times
PR Category : Government, Legal & Humanity
Posted on : Monday, July 8, 2019  2:30:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : MoHAP Youth Council Interviews Zainab Al Bloushi “Winner of ...
Next Story : Dubai Customs discusses means of growth with members of Cons...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Make Up for Ever Introduces for the First Time Its New Active Care-in-foundation to Revive... [6999-Views]
Olay Eyes Hydra Gel [5826-Views]
Maillon De Cartier Watch [4317-Views]
LG Prioritizes Home Comfort With Latest Air Conditioners for GCC Market [4264-Views]
6 Steps X 6 Products from Essence: The Shortcut that Perfects Skin - Now more than ever, S... [4260-Views]
Kristina Fidelskaya A/W 2020 Collection “Dream” [4260-Views]
Eid Gifts From The Body Shop [4170-Views]
Ralph Lauren Expands Its Earth Polo Offering, Reinforces Commitment to Protecting the Envi... [3993-Views]
Happy Eid with Parmigiani Fleurier Toric Fleur [3801-Views]
Vatika Focuses on Making Quarantine a Quality Time With New Viral Campaign [3735-Views]
Your at-Home Spa Guide With Skin Republic [3719-Views]
Sony Middle East & Africa Launches New Compact 4K Handycam® Camcorder with Advanced Image ... [3428-Views]
Dubai Sports Council Thanks Wise Leadership for Its Protection and Care of the Community [3341-Views]
UAE Banks Among Top Performing in GCC, KPMG Report Finds [2972-Views]
Dubai Customs: Strategic Plan to Curb Corona [2899-Views]
Etihad Guest Rewards Members While Staying Home [2698-Views]
Denim Culture [2644-Views]
Etihad Holidays to Be Operated by Dnata Travel Group In the UK [2456-Views]
Mohap Hails Family Doctors' Efforts in Countering Covid-19 Crisis [2427-Views]
Pure Health Launches Covid-19 Field Laboratory at Sharjah Expo Centre [2374-Views]
Celebrate Father's Day With Parmigiani Fleurier Tondagraph Slate [2341-Views]
Lenovo's Tech Gift Guide [2321-Views]
First Range Rover Made Under Social Distancing Measures Comes Off Jaguar Land Rover's Sol... [2247-Views]
Made in Italy, ICSA® Issues a Notification of Counterfeit Products Found in the Kingdom of... [2177-Views]
Karl Lagereld Drives Digital Innovation With Launch of the “Maison Karl Lagerfeld” Game [2157-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories