Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Dubai Customs Discusses Furthering Trade Cooperation with South Korea
 
Dubai Customs Discusses Furthering Trade Cooperation with South Korea

Dubai – 02 August 2022: Director General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation HE Ahmed Mahboob Musabih held a virtual business meeting to enhance trade cooperation and partnership with South Korea. He was joined in the meeting, which falls under the Ertebaat initiative, by HE Moon Byung-Jun, South Korea Consul General and the members of the South Korean Business Council in Dubai. Dr. Abullah Busanad, Executive Director for Customs Inspection, alongside a host of senior officers and heads of departments from Dubai Customs also attended the meeting. 

The meeting covered topics such as the means of boosting economic cooperation between South Korea and the UAE and expanding cooperation with South Korean businesses and diplomatic missions.


Musabih reaffirmed the importance of cooperating with the South Korea’s diplomatic missions and companies to support mutual trade between the two friendly states through providing high quality services and facilities to clients and partners.
“It’s very important for us to boost ties of partnership with our friends in the South Korean business councils and corporates,” said Musabih, underlining that the growing bilateral ties between the UAE and Korea drive more business cooperation and partnership, capitalizing on the recent economic and trade agreements signed between the two countries.


He added: “Ties with our partners are gaining more weight and momentum, and we are working hard at Dubai Customs to develop our initiatives for a better delivery of services and products. The UAE - South Korea’s growing trade cooperation has led to the signing a mutual recognition agreement for the implementation of the Authorised Economic Operator (AEO) program, which supports a rise in mutual trade taking advantage of  the facilities and incentives offered to traders and businesses certified as trusted AEOs in both countries. The UAE has already 107 companies joining the local AEO program.”
The Director General of Dubai Customs pointed out that the authority processed 12.7 million customs transactions in the first half of 2022, against 24 million customs transactions completed in 2021. 


“We continuously develop our business operating models to support our partners’ trade activities and reduce the cost of their operations. Any success we make is also a success to our partners. With this vision always in mind, we achieved 98% on the customer happiness index.” 

Byung-Jun, on his part, thanked Dubai Customs for their steadfast commitment to offering seamless and convenient services and facilities to South Korean businesses and to further reinforcing collaboration with South Korea diplomatic and business representative bodies. “This, besides serving the interests of both parties, also fosters a favourable environment for easing trade and investment activity between India and the UAE through expanding economic and investment possibilities and enabling South Korean traders to enhance their operations in the region without any hassle.”

 

In the meeting, presentations on the Authorized Economic Operator, the Cross Border e-Commerce Platform, as well as the World Logistics Passport were delivered, highlighting the great added-value benefits and these initiatives bring to trade facilitation and overall business empowerment. 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 6441 times
PR Category : Government, Legal & Humanity
Posted on : Tuesday, August 2, 2022  12:32:00 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 : Sultan bin Tahnoon Al Nahyan Recognizes the Bravery, Readine...
Next Story : Dubai Customs Holds Awareness & Entertainment Activities dur...
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
Take A Deep Dive Into Bernhard H. Mayer's Latest Watch, the Wave Breaker [10685-Views]
Arab Achievements In The New Guinness World Records 2023 Book Revealed [7384-Views]
Gold Price Hits a Two Year Low: Best Time to Invest in Gold [6023-Views]
Codebreakers Wanted! Unlock The Bremont Vault [5719-Views]
Time On Mars [5691-Views]
Pandora Reveals First Ever Art Collaboration With Keith Haring X Pandora [5564-Views]
Kalyan Silks' 6th Showroom in UAE Inaugurated in Sharjah by Prithviraj Sukumaran [4895-Views]
Mexico and Costa Rica Explore Cooperation in Culture and Knowledge Sectors With Sharjah [4600-Views]
Charles Simon Disrupts Watch Industry With Innovative Accessories. [4506-Views]
Fyne Jewellery Re-launches The Stargazing Collection [4432-Views]
Samsung Electronics Announces New Environmental Strategy [4202-Views]
Team Abu Dhabi Star Tops Qualifying With Dramatic Late Surge [4157-Views]
Start-Up of Unit 3 of Barakah Nuclear Energy Plant Accelerates Achievement of UAE Net Zero... [4116-Views]
Torrente Keeps Grip On Title Race As Zandbergen Claims Maiden Victory In Italy [4010-Views]
Tanishq Takes “Every Woman A Diamond” Global [3928-Views]
The Opulent Furniture Brand Brings a Lifestyle Worth Living To Dubai [3887-Views]
Weekend Max Mara – “FROM LILY WITH LOVE” [3698-Views]
Department Of Government Relations Brings The Prestigious Alliance Française To Sharjah [3694-Views]
GJC Felicitates Malabar Gold & Diamonds [3637-Views]
BOCA Partners with Goshopia to Create Sustainable Uniforms for its Guest Relations team [3428-Views]
Free Gourmet Coffee For The First 25 Diners At Le Gourmet On 1st Oct [3251-Views]
ADQ and OIA Identify AED 30 Billion Worth of Investment Opportunities in Oman [3136-Views]
Mohammed Bin Rashid Library The “towards An Active Role For Public Libraries In Community ... [3009-Views]
Department Of Statistics And Community Development Launches Sharjah Census 2022 Reminding ... [3005-Views]
Ons Jabeur And Emma Raducanu Confirmed For Mubadala World Tennis Championship [2895-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories