As part of its efforts to enhance Dubai's leadership position as a regional and global economic hub, Customs has launched a guide on trade transit, the agency reported on Thursday (16.07.2020) in a statement. release.
The document, prepared by the Department of Tariffs and Origin, describes all the Procedures and steps that companies must take to avail the services and facilities provided by Customs for transit activity. The guide includes information to raise awareness on all regulations on facilitating transit trade following the United Arab Emirates (UAE) commitment to international treaties and agreements.
Trade transit is vital to facilitate economic transformation and trade regional, offering multiple benefits to the surrounding society by unlocking the potential of those areas.
About, Ahmed Al Kharoosi, Director of the Department of Tariffs and Origin, said: “We are committed to providing all traders and businesses involved in trade transit with detailed information on facilitation and procedures in this regard. With this, they can take advantage of the Better services to ensure the highest performance and attract more investments, which also enhances Dubai’s leading Silk Road strategy that seeks to build on the success Dubai has achieved globally as a strategic trade link between East and West, and North and South.”
The Dubai Silk Road Strategy was prepared by the Dubai Ports, Customs and Free Zone Corporation in collaboration with key government entities. Internally, the strategy focuses on enhancing trade between the free zones and the rest of the emirates. Externally, the focus will be on improving the strategic and operational connection of logistics services. among DP World terminals around the world with Emirates Airlines playing a key role.
Dubai Customs launches transit trade guide to keep up with progress of Dubai Silk Road Strategy.#WamNewshttps://t.co/JtlKeMbyEv
— WAM English (@WAMNEWS_ENG) July 16, 2020
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
