WASHINGTON: Today, during President His Highness Sheikh Mohamed bin Zayed’s official visit to the United States, the United Arab Emirates (UAE) and the United States signed a significant agreement focusing on customs cooperation. This agreement is designed to enhance economic, trade, and customs collaboration while facilitating the exchange of customs expertise and information between the two nations.
Also read: Xiaomi overtakes Apple as the world’s second-largest smartphone vendor
The agreement was signed by Ali Mohammed Al Shamsi, Chairman of the Federal Authority for Identity, Citizenship, Customs and Port Security, representing the UAE, and Troy A. Miller, Acting Commissioner of US Customs and Border Protection.
Ali Mohammed Al Shamsi emphasized that this agreement will bolster the economic partnership between the UAE and the US, increase trade exchange, and reduce customs violations and illicit trade. Additionally, it aims to expand technical customs cooperation by facilitating the exchange of valuable information and expertise. Al Shamsi noted that it would also enhance national competencies through training and exposure to best practices within the customs domain.
He remarked, “Bilateral trade between the two nations continues to grow steadily, driven by the strength of our political and economic ties. This growth presents numerous advantages, particularly in strengthening customs relations, broadening trade opportunities, and applying best practices to address challenges that might disrupt the smooth flow of goods along our shared supply lines.”
Also read: Japanese researchers identify proteins for burning fat
Al Shamsi also highlighted the importance of this cooperation agreement with the US, considering the UAE’s strategic role as a regional gateway for global trade. He pointed out that the US, being the largest economy in the world, holds a historical and strategic partnership with the UAE, making this agreement a vital step in fortifying their economic relations.