Abu Dhabi Customs And Competere Group Collaborate To Enhance Trade Facilitation And Global Competitiveness

Abu Dhabi Customs has entered into a partnership with the UK-based Competere Group, a consultancy specialising in economic policy and trade law. This agreement aims to boost innovation in trade facilitation and improve global competitiveness. The collaboration will utilise advanced technologies and forward-thinking economic models to create a business environment conducive to sustainable international trade growth.

The signing of this agreement took place during the Abu Dhabi Investment Forum in London. It was witnessed by Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), and Mansoor Abulhoul, UAE Ambassador to the United Kingdom. Rashed Lahej Al Mansoori, Director General of Abu Dhabi Customs, and Shanker Singham, CEO of Competere Group, formalised the partnership.

This collaboration underscores Abu Dhabi Customs' commitment to developing an innovative customs ecosystem that is both integrated and digitally advanced. By forming strategic alliances with international bodies, private sector companies, and tech partners, Abu Dhabi aims to solidify its status as a premier global hub for trade and logistics.

Rashed Al Mansoori emphasised the importance of trade facilitation and digital transformation as key components of Abu Dhabi's strategic vision. He stated: "Trade facilitation and digital transformation are fundamental pillars of Abu Dhabi’s strategic vision. By working closely with the private sector and international partners, we aim to exchange knowledge, adopt global best practices, and develop smarter, more competitive, and trusted trade systems that enhance supply chain reliability and support economic growth locally and globally."

Shanker Singham expressed enthusiasm about the partnership with Abu Dhabi Customs. He remarked: "We are pleased to partner with Abu Dhabi Customs to explore innovative approaches to trade facilitation and global competitiveness. Through robust public-private partnerships, we can design next-generation trade and regulatory models that unlock new economic opportunities and support sustainable global growth."

The agreement highlights the role of strategic partnerships in enhancing the efficiency and reliability of trade operations. By collaborating with various stakeholders, Abu Dhabi Customs aims to implement best practices that will improve supply chain dependability while fostering economic development both locally and internationally.

This initiative reflects a broader effort by Abu Dhabi to position itself as a leader in global trade through innovation. By leveraging technology and forming key alliances, it seeks to create an environment where businesses can thrive sustainably on an international scale.

With inputs from WAM