Dubai-Korea trade scored AED21bn



Ahmed Mahboob Musabih, Director of Dubai Customs (DC) and the Consul-General of the Republic of Korea in Dubai, Heo Nam Duk, have exchanged views on issues of common interest and on the possibilities of strengthening cooperation and creating better coordination in Customs processes. This came at meeting held at DC head office, in the presence of Faisal Eissa Lutfi, DC World CEO and Director of External Relations at Dubai Customs.
Ahmed Mahboob Musabih said that Dubai Customs pays utmost attention to improving cooperation with diplomatic corps and business councils in Dubai.
Korea was a major trading partner of Dubai, with AED 21 billion worth of non-oil trade scored in the first nine months of 2015.

Imports amounted to AED 19.5 billion, followed by exports at AED 1.1 billion and re-exports at AED 302 million. “We seek to keep abreast of our clients’ needs and to involve them in the development of our services, as part of our Irtibatprogramme, which aims to nurture closer ties with foreign business communities based in Dubai, ” said Mr. Musabih.
“We are building stronger trade ties with Korea through the implementation of the Authorised Economic Operator programme, which will add far more flexibility and simplification to cargo movement procedures between Dubai and South Korea,” he added.
Korea’s Consul-General applauded the efforts exerted by Dubai Customs to bolster the economy and to accommodate the growing influx of tourists to Dubai. He also underscored that Dubai Customs’ services and initiatives had greatly streamlined and expedited the flow of trade.
Faisal EissaLutfi, DC World CEO and Director of External Relations at Dubai Customs, said, “We take to heart our obligation to maintain strong communication with trading partners to ensure optimal levels of cooperation and coordination. We are eager to share our leading experience in Customs process development with others, who seek to boost performance in delivering best trade and customs services.”

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