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UAE Federal Customs Authority addresses international Customs leaders and industry heads at Global Customs and Trade Facilitation Summit
Dubai - The UAE Federal Customs Authority has announced that it will be presenting its vision on advancing global trade to leaders of Customs Authorities and prominent heads of industry attending the Global Customs and Trade Facilitation Summit. The event will focus on innovations and solutions to reduce trade barriers and boost international competitiveness and forms part of Global Trade Development Week (GTDW), being held in Dubai from 27th to 29th October. Organised under the patronage of the UAE Ministry of Economy, GTDW is a major trade forum and exhibition, and will be an unprecedented gathering of 1000 trade leaders from over 100 nations.
The Federal Customs Authority (FCA) is a strategic partner of GTDW and H.E. Khalid Ali Al Bustani, Acting Director-General of FCA, will deliver the opening keynote speech at the Customs Summit. H.E. Al Bustani says, "GTDW presents the perfect platform to present our views how customs work is a key catalyst for promoting global trade environment. GTDW's high-caliber programme, focusing on global economic trends and risks, ties in with our core objective to promote the advancement of global trade and additionally helps our efforts to boost collaboration with customs authorities around the globe."
The Customs summit will bring together a host of prominent leaders of international organizations, including WTO, Interpol, UN and World Bank. The list of speakers comprises of representatives' form the world's largest corporations, such as GM, Huawei, Hitachi and Nestle, and shall be attended by dignitary delegations from industrial and emerging markets and economies.
H.E. Al Bustani added, "We are delighted that UAE is the host of this important event and reflects
the UAE's growing position as a premier regional and international hub for import and re-export." Explaining UAE's advanced customs facilities, he added, "The UAE has succeeded in providing a developed model in facilitating trade by simplifying and standardizing the customs procedures in the first entry ports, and the implementing the latest regulations and technologies in this field, which contributed to reducing the clearance time for commercial goods and facilitated the movement of travelers".
The Global Customs and Trade Facilitation Summit will bring together leaders to debate the major trends shaping the world´s economy and shed light on the perspective of private and public sectors towards the liberation of global trade, and its role in eliminating trading barriers, increasing trade and investment transparency.
H.E. Al Bustani points out that "the FCA has made trade facilitation a strategic objective that it sought to achieve through dozens of initiatives related to customs clearance time, statistics, risk management and unified customs procedures guide, and has maintained at the same time the community security and protected the consumer from unsound commercial practices".
GTDW brings together high-level delegates from the areas of trade, development, economic zones, trade finance, industrial development, real estate, global customs and trade facilitation; with representatives from across Africa, Americas, Asia Pacific, Europe and the Middle East. The Customs summit is one the six summits held under the umbrella of GTDW.
For full details of the GTDW programmes, visit www.kwglobaltrade.com.
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For further information and for media accreditation, please contact Nana Mancell, International Director of PR and Communications, KW Group. Email: nanam@kwconfex.com Tel: +971 50 956 9277.
About Global Trade Development Week - 27- 29 October 2015, Ritz Carlton DIFC, UAE.
GTDW is a major international forum committed to increase knowledge, capabilities & dialogue between government & private sector trade leaders to deliver international trade development. Held Under Patronage of Minister of Economy, UAE and partnered by Dubai Customs & Dubai Economic Council. GTDW engages political, business, academic & industry thought leaders to share best practice in global trade development. The ambitious programme hosts 150 leading speakers and includes The Ministers & Trade Leaders Plenary, 6 concurrent major trade summits, site tours, networking receptions and a leading trade exhibition. For further information visit www.kwglobaltrade.com
© Press Release 2015
