Dubai’s foreign trade recovering with steady growth momentum

  • Date: 10-Jan-2021
  • Source: Emirates Business
  • Sector:Economy
  • Country:UAE
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Dubai’s foreign trade recovering with steady growth momentum

DUBAI / WAMIn support of the UAE's sustainable economic development, Dubai Customs has been able to meet the challenges of the global economic recession arising out of the Covid-19 pandemic. “The year 2020 saw new pioneering achievements for Dubai Customs in terms development of Customs work processes and innovation of new solutions and initiatives to ensure the smooth flow of trade and mitigate the impacts of the global pandemic,” said a report released by Dubai Customs. This follows the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainable economic development and consolidate the UAE's global leadership, added the report. Ahmed Mahboob Musabih, Director General of Dubai Customs, said: “Against all odds Dubai Customs has kept pace with the UAE's successive pioneering accomplishments in 2020, the year of preparation for the next 50. Dubai's foreign trade is gradually recovering with steady growth momentum despite disruptions from the Covid-19 outbreak. This is particularly reflected in the strong growth of customs transactions due to our use of advanced technologies that helped us maintain our business uninterrupted during lockdown and remote working period.”Dubai Customs also introduced several milestone