Sultan bin Sulayem: Indicators of the economic sectors in the emirate exceed expectations

8.5 billion dirhams of trade exchange between Dubai and France in 6 months

During a meeting organized by Dubai Customs with a French economic delegation via video communication technology.

From the source

The Dubai Customs Department reported that Dubai's foreign trade with France recorded 14.9 billion dirhams last year, while it amounted to 8.5 billion dirhams during the first half of this year, noting that the most important goods exchanged between the two sides included jewelry, perfumes, medical materials, fabrics and leather.

During a meeting organized by Dubai Customs with a French economic and investment delegation via video communication technology, Ahmed Mahboob Musabih, CEO of Ports, Customs and Free Zone Corporation and Director General of Dubai Customs, indicated that the commercial sector in Dubai in general achieved significant growth during the first quarter of the year. This year, he explained that Dubai's non-oil foreign trade recorded a growth of 10%, reaching 354.4 billion dirhams, compared to 323 billion dirhams in the first quarter of 2020, while customs transactions achieved an exceptional growth of 53.4%, to reach 11.2 million transactions. During the first half of this year, compared to 7.3 million transactions for the same period last year.

In turn, the Chairman and CEO of DP World Group and Chairman of the Ports, Customs and Free Zone Corporation, Sultan Ahmed bin Sulayem, stressed during the meeting in which the French Ambassador to the UAE, Xavier Chatel, participated in, that the indicators of economic sectors in Dubai exceed expectations, supported by the rapid growth of movement Tourism, the growth of the commercial sector and the increase in the activities of exhibitions and conferences, led by the “Expo 2020 Dubai” exhibition, and Dubai’s success in containing the repercussions of the global crisis caused by the “Covid-19” pandemic, as the emirate’s foreign trade maintained its upward growth, with the continuation of “DP World” And its subsidiaries around the world achieve strong performance rates.

For his part, Chatel invited the participants in the meeting to visit the France pavilion participating in the "Expo 2020", especially since the celebration of the National Day of France falls on the second of October, expressing his appreciation to "Dubai Customs" for the high-level services it provides around the clock, Whether to clear goods or facilitate the movement of passengers.

Economic operator

During the meeting, Dubai Customs gave a presentation on the Economic Operator Program, noting that the program represents an advanced link in the series of systems and programs adopted by the customs sector in the country, and is one of the requirements of the World Trade Organization agreement to facilitate trade.

She stated that the program enables companies that join it to easily access their goods to global markets, pointing out that the number of member companies in the program has so far reached 85 companies.

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