In a bid to help position Dubai among one of the top three economic cities in the world, Dubai Customs and DP World signed a memorandum of understanding (MoU) to enhance the city’s role in advancing international trade and logistics services.
The partnership aims to develop and improve digital trade and logistics solutions in Dubai by further transforming existing customs systems in partnership with DP World and building on innovation using cutting-edge digital technology.
Streamlining sector procedures
The partnership aims to continue streamlining stakeholder experiences in the trade and logistics sector, supporting Dubai’s competitiveness as a global trade and logistics hub and contributing to the targets of Dubai’s economic agenda D33.
H.E. Dr. Abdulla Mohammed Busenad, director general of Dubai Customs, and Abdulla Bin Damithan, CEO & managing director of DP World GCC, signed the agreement with the attendance of Mohamed AbuHamra, chief operating officer of digital technology at DP World GCC along with other senior executives and department heads from Dubai Customs and DP World GCC.
For his part, Busenad said that the partnership aligns with Dubai Customs’ vision and strategy to facilitate trade and deliver a globally leading customs experience. This will also help boost the value of Dubai’s non-oil foreign trade and contribute to the implementation of the Dubai economic agenda (D33).
Read: Air cargo grows 9.4 percent in September, reports IATA
Supporting cross-border trade flows
Busenad added that the agreement includes fruitful collaboration to implement joint projects and procedures and update and improve programs and systems to keep pace with developments in customs work. Moreover, it seeks to streamline procedures and deliver fast government services that rely on advanced technologies and digital solutions.
Meanwhile, Damithan added that the partnership with Dubai Customs marks a significant step forward in DP World’s commitment to driving digital innovation within the trade and logistics sector. By combining the expertise of both entities and leveraging cutting-edge technology, the partnership will create a more seamless and efficient experience for businesses operating in Dubai and support cross-border trade flows.
For more news on logistics, click here.