The United Arab Emirates (UAE) and the United States have formalized a new agreement focused on enhancing customs cooperation during President Sheikh Mohamed's official visit to the US. This agreement aims to bolster economic, trade, and customs collaboration, as well as facilitate the exchange of customs expertise and information between the two countries.
The agreement was signed by Ali Mohammed Al Shamsi, Chairman of the Federal Authority for Identity, Citizenship, Customs and Port Security for the UAE, and Troy A Miller, Acting Commissioner of US Customs and Border Protection. Al Shamsi highlighted that this partnership will fortify the economic bond between the nations, stimulate trade growth, curb customs violations and illicit trade, and promote technical customs cooperation through mutual sharing of knowledge and skills.
Additionally, Al Shamsi noted that the agreement will elevate the capabilities of national customs personnel through targeted training and exposure to industry best practices. He emphasized: "Our bilateral trade continues to expand steadily, driven by the robust political and economic ties between our countries. This expansion brings significant advantages, particularly in reinforcing customs relations, broadening trade horizons, and adopting best practices to address potential obstacles in the seamless movement of goods across our shared supply chains."
Al Shamsi further underscored the strategic importance of this customs cooperation agreement with the United States, given the UAE's critical role as a regional hub for global trade and the US's status as the world's largest economy and a longstanding strategic economic partner for the UAE.
