The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI / WAM
Dubai’s trade with Qatar grew 92 percent in the period from 2011 to 2016, reaching AED15 billion last year, according to Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC.
“The GCC customs union is moving steadily towards a full integration between the GCC countries by supporting trade between them and helping them attract more global investment and trade to the region. This is why we, at Ports, Customs and Free Zone Corporation, develop means of cooperation and coordination with the Qatari authorities. Dubai external trade with Qatar reached AED 15 billion in 2016 compared to AED 7.8 billion in 2011,†Bin Sulayem said during a meeting a meeting with a Qatari delegation headed by Ahmed Abdullah Al Jamal, Chairman of Qatar Customs Authority.
The UAE, Qatar, Saudi Arabia, Kuwait, Bahrain and Oman are six members of the Co-operation Council for the Arab States of the Gulf, GCC.
Bin Sulayem pointed out that PCFC works towards a full integration between customs authorities in the GCC.