Dubai-UK Trade at Dh6.7 Billion in First Quarter 2016

In a quest to boost Dubai’s foreign trade, Dubai customs is committed to reinforce cooperation and coordination with the foreign diplomatic corps.

Ahmed Mahboob Musabih (Director of Dubai Customs) is living up to this strategy and has recently received officials from the British Embassy. Their discussion was centred on matters of common interest.

After the meeting Mahboob gave a speech in which he put emphasis on the focus of the Dubai customs which is to expand the two way trade with UK. He also added that Dubai plans on strengthening its ties with the UK to enable growth in bilateral trade.

Faisal Issa Lutfi (CEO of Dubai Customs) also attended a meeting in which they explored stronger economic and commercial ties between the UAE and the UK. The British delegates at the meeting included Fiscal Crime Liaison Officer of HM Revenue and Customs, Country Manager, Steve Baker, Fiscal Crime Liaison Office, Douglas Macpherson, Alun Watkins and Fiscal Crime Liaison Officer.

In 2015, the Dubai-UK trade was AED 29.7 billion and this year (just the first quarter) it’s at AED 6.7 billion which accounts for exports at AED 393 million, imports at AED 4.6 billion and re-export for AED 1.66 billion.

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