Dubai customs explores economic & trade ties with Germany

By Shilpa Annie Joseph, Trainee Reporter
  • Follow author on
Trade
Representational Image

Dubai Customs Director-General HE Ahmed Mahboob Musabih and German Consul General to Dubai H.E. Holger Mahnicke have discussed the ways to improve mutual economic cooperation and trade between the emirate and the country.

The virtually held meeting also explored the role of Dubai Customs in supporting the supply chain and the customs facilities provided.

The two sections have covered significant matters, including the stimulus packages unveiled by the Federal Government and Dubai Government to promote business operations and mitigate the effects of the COVID-19 pandemic. They also spoke about the steps taken by Dubai Customs to support the global supply chain and the business and trade groups in Dubai.

The meeting was part of a series of regular meetings Dubai Customs organizes to strengthen its relationships with the foreign business sector as part of the Ertibat initiative, which established to improve links with international diplomatic missions and businesses.

In his speech, Mr. Musabih has highlighted the strong relations between Germany and the UAE in all areas, including trade, especially after the signing of the GCC Free Trade Agreement with the European Free Trade Association (EFTA).

The Director-General of Dubai Customs added that 300 German companies are operating in Dubai. He even expressed optimism about the future of the UAE’s economic and trade industry, with the country prepared to host major international events, including EXPO 2020.

Mr. Mahnicke said that the UAE-German relationships are solid and it’s an important strategic partner to Germany. The German Consulate in Dubai launched a customs liaison office in 2008 for more cooperation.

He further highlighted the major role Dubai Customs played during the pandemic in facilitating global trade and supporting the supply chains, and the generous stimulus package provided by the emirate to mitigate the impact of the pandemic on businesses.

“We are confident Dubai will make it and quickly recover from the repercussions of the crisis and will achieve growth in all sectors. Germany is taking part in this big event, and we hope the German pavilion will attract many visitors this year,” Mr. Mahnicke added.

YOU MAY LIKE