UAE signs customs cooperation agreement with Armenia at sidelines of ECF
DG says commercial relationships are increasingly growing with Armenia
Abu Dhabi: Represented by the Federal Customs Authority (FCA), the UAE on Wednesday signed a technical cooperation agreement for customs assistance with the Republic of Armenia in Abu Dhabi, represented by the Armenian State Revenue Committee (SRC).
The agreement was signed by Khalid Ali Al Bustani, FCA Acting Director General and Gagik Khachatryan, SRC Director General for the UAE and Armenian sides respectively.
Al Bustani said the UAE is keen to consolidate the cooperation relations with the commercial partners and maximize the economic value added through bilateral agreements in customs technical cooperation.
The map of the UAE commercial partners has significantly developed during the recent years under the strategic plan implemented by the FCA as a part of UAE Vision 2021, with a view to signing customs bilateral cooperation agreements to activate the exchange of information and experience to confront the challenges facing the world trade movement, Al Bustani said.
In its plan to improve relationship with the international partners, said Al Bustani, the FCA relies on the UAE position as a world trade hub with extensive and manifold relationships with most of the countries in the world. This relationship needs a legal framework most notably the bilateral agreements.
The UAE has close commercial relationships with Republic of Armenia, Al Bustani said. With growing diplomatic relations between the two countries, these commercial relationships are increasingly growing as Armenia is one of the UAE strategic partners in Europe, he said.
