Wednesday / September 19.
HomeChannelsBusinessDubai-China Q1 trade worth AED47b

Dubai-China Q1 trade worth AED47b

|By TAP Staff| Dubai’s bilateral trade with was valued at AED 47 billion in the first quarter of 2015, it was revealed. For the whole of last year, Dubai-China trade was worth a record AED 175 billion.

The statistics were revealed at a meeting between Director of Dubai Customs Ahmed Mahboob Musabih and Consul General of the People’s Republic of China in Dubai, Li Lingbing.

The two sides explored Dubai-China bilateral trade ties and discussed mechanisms for further coordination in Customs operations to see more growth and prosperity in their mutual trade.

The Chinese Consul General Li Lingbing praised the role played by DC in pushing the reel of bilateral trade by putting in place top customs services and facilitations for Chinese traders and investors. She also stressed the importance of enhancing economic cooperation and coordination for stronger economic relations between China and the UAE.

Ahmed Mahboob said Dubai takes on a vibrant role to keep the Chinese commodities flowing to the world. Dubai has become a major platform for networking the Chinese market with European and African markets.