Dubai Customs, New Zealand discuss economic cooperation
Officials from both sides during a virtual meeting on Wednesday.
During the meeting, which was held via video conferencing, the two sides discussed the potential for robust economic cooperation and the enhancement of trade between Dubai and New Zealand.
The meeting also delved into the stimulating factors behind Dubai’s economic agenda, particularly highlighting the significance of D33.
The meeting brought together more than 22 New Zealand companies operating in Dubai, along with executives and heads of departments in Dubai Customs.
This event showcased Dubai Customs’ commitment to fostering collaboration with trade partners and exploring the future of the commercial sector in the midst of Dubai’s economic resurgence.
The sector, serving as a pivotal driver of sustainable development, played a central role in discussions centered around Dubai’s ambitious economic agenda.
The agenda aims to elevate the total value of foreign trade from Dhs14.2 trillion in the previous decade to Dhs25.6 trillion for goods and services in the upcoming decade.
Ahmed Mahboub Musabih acknowledged the growing presence of New Zealand companies in Dubai, highlighting the immense opportunities available for investors and traders from New Zealand. He encouraged them to tap into Dubai’s thriving economy across various sectors.
Musabih underscored the exceptional customs services and facilities provided by Dubai Customs, aligning with the visionary guidance of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
Dubai Customs stands at the forefront of global customs systems with its smart and innovative solutions, enabling seamless processing of an impressive 26 million transactions in the previous year and 7 million transactions in the first quarter of this year. With a remarkable 98 per cent customer satisfaction rate for its advanced services, Dubai Customs continues to elevate the standards of efficiency and convenience.
Musabih highlighted the government organisation’s commitment to enhancing the travel experience for visitors to Dubai, a world-renowned tourism hub. Dubai Customs has introduced the iDeclare system, revolutionising the pre-declaration process for incoming travelers. This cutting-edge system empowers travelers to proactively declare goods, personal belongings, gifts, currencies, and cash amounts prior to their arrival. Moreover, the system allows travelers to request expedited processing of their customs transactions even before they set foot in the country. This streamlined approach significantly reduces processing time, ensuring a swift and hassle-free procedure in less than 4 minutes.
Underpinning Dubai Customs’ comprehensive services is its unwavering support for Dubai International Airport, renowned as one of the world’s busiest airports. The airport welcomed a staggering 21.2 million passengers during the first quarter of 2023, a testament to Dubai’s continued appeal as a global travel destination. Dubai Customs plays a pivotal role in preserving the airport’s unrivaled position by implementing robust customs measures while facilitating seamless travel for passengers.
The exponential growth of New Zealand companies operating in Dubai reflects the city’s vibrant business landscape and offers a compelling opportunity for investors and traders to capitalise on Dubai’s economic prowess. With Dubai Customs at the forefront of efficient customs processes and remarkable customer service, the department serves as a vital partner in fostering fruitful business partnerships and driving sustainable growth.
Dr Richard Kay highlighted the substantial and noteworthy endeavours of Dubai Customs in bolstering international trade and fostering trade relations between Dubai and New Zealand.
He expressed sincere appreciation and acknowledged the exceptional role played by Dubai Customs in facilitating seamless trade, promoting collaboration, and assisting New Zealand in swiftly establishing robust commercial connections worldwide in the wake of the COVID-19 pandemic.
During the meeting, Dubai Customs presented a series of projects and initiatives, including the “Etibaat” initiative. This innovative programme aims to strengthen Dubai’s ties with foreign companies and business sectors by providing a transparent platform for discussing trade relations and enhancing customs services and facilities for traders and investors. Regular meetings with diplomatic entities of friendly countries and trade partners play a crucial role in this endeavour.
