DUBAI: China is well positioned as Dubai’s top trading partner, with bilateral trade volume valued at AED 47 billion in the first quarter of 2015, Director of Dubai Customs, Ahmed Mahboob Musabih, revealed following a business meeting with Consul General of the People’s Republic of China in Dubai, Li Lingbing.
Musabih hailed the exceptional UAE-China commercial relations, noting that Dubai-China trade scored a record AED 175 billion in2014.
The two sides explored Dubai-China bilateral trade ties and discussed mechanisms for further coordination in Customs operations to see more growth and prosperity in their mutual trade.
The Chinese Consul General Li Lingbingpraised the role played by DC in pushing the reel of bilateral trade by putting in place top customs services and facilitations for Chinese traders and investors. She also stressed the importance of enhancing economic cooperation and coordination for stronger economic relations between China and the UAE.
Ahmed Mahboob said, “Dubai takes on a vibrant role to keep the Chinese commodities flowing to the world. Dubai has become a major platform for networking the Chinese market withEuropean and African markets.”
He said Dubai Customs’ endeavours to develop economic and trade ties with China werein fulfilment of the directives of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,to work towards boostingtrade with Asia and underpinning Dubai’s regional and global footholdon the trade landscape.
Mr. Musabih further noted that “Dubai Customs’ strive to boost trade with China calls for closer economic ties and supports the flow of Chinese investments to Dubai; coupled with the growing number of Chinese companies that make Dubai their regional office for managing their business throughout Europe and Africa.”
Dubai Customs is committed tobolstering Dubai’s economic growthby supporting foreign trade and investment from all parts of the world, including China. “We are very keen to assist Chinese traders and investors who are willing to expand their market potential here, making best use of Dubai’s position as a fast-growing global trade hub,” said Musabih.
