Dubai, the second largest emirate in the United Arab Emirates, is positioned among the fastest growing e-commerce markets in the Middle East and North Africa, adopting “smart government” initiatives. In this regard, Dubai Customs signed agreements with Dubai Airport Free Zone (DAFZA) and well-known e-commerce companies, Dubai CommerCity y Dubai South, to boost the growth of this sector.
The official information released this Tuesday (19.10.2021/XNUMX/XNUMX) explains that “under these agreements, Partner parties will be able to use and integrate various Dubai Customs services and benefits available on their cross-border e-commerce platform".
The cross-border e-commerce platform, recently launched by Dubai Customs, uses blockchain technology to integrate and automate operations between customs, free zones, logistics and courier companies.
The Dubai Government plans to increase the share of Dubai-based businesses in e-commerce to approximately AED 24 billion by 2022, through a 20 percent reduction in e-commerce operating costs.
To this end, The platform's services will help reduce costs and increase the return on investment in e-commerce, contributing AED 12.000 billion to the emirate’s GDP by 2023, the statement said.
The two agreements were signed by Abdullah Al Khaja, Executive Director of Customer Management Division at Dubai Customs; DAFZA Executive Director of Customer Management Division; Amna Rashid Lootah, Deputy Director General of Finance, Commercial, Customer Relations and Innovation at DAFZA; and Mohsen Ahmed, Executive Director of Dubai South Logistics District.Press release from the news agency Emirates United Arab Emirates)
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