Dubai non-oil external trade with South Korea grew 8.4% in 2017 over 2016
Ahmed Mahboob Musabih, Director of Dubai Customs recently received HE Jion Yung Wok, the newly appointed South Korean Consul General. The meeting was attended by Edris Behzad, Director of Client Management Department and Khalil Saqer Bin Gharib, Director of Corporate Communication Department, Dubai Customs.
Dubai non-oil external trade with South Korea grew 8.4% in 2017 compared to 2016 to touch AED 27.43 billion. The value of imports reached AED 22.1 billion, while exports and re-exports amounted to AED 4.47 billion and AED 886 million respectively.
“We have effective communication with the South Korean diplomatic missions and the Indian Business Council through our program Irtibat, meaning liaison, which was launched by Dubai Customs to promote two-way communication with business councils and diplomatic missions in Dubai,” affirmed Musabih.
Furthermore, Musabih pointed out that South Korea was the first country to sign the AEO (Authorized Economic Operator) mutual recognition agreement with the UAE. On his part, HE Jion Yung Wok applauded Dubai Customs’ efforts in supporting national economy and developing tourism and trade.