The United Arab Emirates (UAE) and the United States have formalized an agreement aimed at boosting cooperation in customs matters. The signing took place during President Sheikh Mohamed bin Zayed’s official visit to the US.
This agreement is expected to enhance economic, trade, and customs collaboration, focusing on the exchange of expertise and information between the two countries.
Ali Mohammed Al Shamsi, Chairman of the Federal Authority for Identity, Citizenship, Customs, and Port Security, signed the agreement on behalf of the UAE. Representing the United States was Troy A. Miller, Acting Commissioner of US Customs and Border Protection.
Al Shamsi said that the agreement will deepen economic ties, increase trade, reduce customs violations, and curb illicit trade. The deal also aims to expand technical cooperation through knowledge sharing and the development of national customs competencies by providing access to training and best practices.
Al Shamsi added, “Bilateral trade between the two nations continues to grow steadily, fuelled by the depth of our political and economic ties. This growth brings numerous benefits, with a clear focus on strengthening customs relations, expanding the scope of trade, and leveraging best practices to overcome challenges that could hinder the smooth flow of goods along shared supply lines.”
Al Shamsi also pointed out the UAE’s key role as a regional trade hub and the US’s standing as a long-time economic partner with the largest economy in the world. The agreement, he added, reflects the strategic importance of customs collaboration between the two nations.
(ANI)