Tuesday , December 11 2018

Dubai records AED5bn in non-oil trade with Canada

Dubai-Canada bilateral trade reaches AED5bn copy

DUBAI / WAM

Director of Dubai Customs, Ahmed Mahboob Musabih, held a meeting with Emmanuel Kamarianakis, Consul-General of Canada in Dubai. The two discussed means of boosting cooperation between Canada and Dubai especially in bilateral trade and customs business.
“It’s very important for us to boost ties of partnership with Canadian diplomatic missions and business councils and corporates. We have priorities which include delivering a leading customs expertise to the world,” said Musabih. “Canada is an important trade partner to Dubai. The total value of bilateral non-oil trade in the first nine months in 2017 was AED5 billion. Imports had the lion’s share of AED4.4 billion, followed by re-exports with AED361 million and exports with AED180.6 million.”
He added, “Enhancing trade ties with our partners will help them receive the best customs facilitations which will add great value to their business. 150 Canadian companies have activities in the UAE, and we work with them to keep them involved in developmental efforts to help them benefit from our product and service offerings.”
Kamarianakis applauded Dubai Customs’ efforts in supporting the national economy and developing tourism and trade, stating that Dubai is a world-class trade and tourism hub and “a central link between the east and west.”

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