Dubai Customs discusses more trade with Indian Consulate
Dhs67b: Dubai trade with India in H1, 2021
Dubai Customs enhances cooperation and coordination with the diplomatic missions in the country, in conjunction with Dubai’s preparations to launch EXPO2020; the world’s greatest show.
Recently, H.E. Director General of Dubai Customs Ahmed Mahboob Musabih has received in his office H.E, K. Kalimutu, Indian Consul General for Trade and Economy to Dubai to discuss means of boosting cooperation between the two sides on tourism and trade.
The role of Dubai Customs in ensuring the success of EXPO2020 and the advanced services and facilities that Dubai Customs delivers to clients were highlighted in the meeting. Developing trade during the pandemic while following all precautionary measures was also one of the main points in the meeting.
The two parties discussed means of cooperation benefiting from projects and initiatives launched by Dubai Customs to boost its relationships with the diplomatic missions and strategic trade partners. These initiatives included Ertebat, which aims to enhance ties and coordination with the diplomatic missions in order to augment the emirate’s external trade. During the meeting, both parties agreed to benchmark between Dubai Customs and the Customs of India to find the best practices applied and exchange expertise and knowledge.
“India is Dubai’s second biggest trade partner, with Dhs67 billion of mutual trade in H1,” said Ahmed Mahboob Musabih. “In 2020, mutual trade accounted for Dhs89 billion. Commodities including gold, jewelry, diamonds, vehicles, telecoms, and petroleum oils topped the list. This reflects the weight and significance of Dubai as a global hub for trade and tourism relying on its advanced logistics and customs infrastructure thanks to the wise vision and directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.”
Musabih added: “We work hard to deliver best services and facilities to all the participants in EXPO2020 to help in recovering global economy. We highlighted our initiatives in this regard to our Indian strategic partners. These include the exclusive Expo Smart Channel, and the EXPO Customs Office, which Dubai Customs dedicated to participants in this global grand event.”
Musabih highlighted that trade with India is gaining more weight and importance in the coming period due to the growing role India plays in the global trade stage, especially in this period in which the UAE is proceeding to achieve its bold initiatives including the UAE Centennial Plan 2071.
H.E. K. Kalimutu expressed his happiness for the magnificent efforts Dubai Customs does to serve mutual trade activity, and said Indian diplomatic missions are eager to enhance historical relationships with Dubai and develop cooperation in support of mutual trade.