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AD Ports Group Collaborates with International Trade Centre to Advance Global Trade Facilitation

Photo : Abu Dhabi Media Office

AD Ports Group has entered into a strategic partnership with the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization (WTO). The collaboration aims to enhance trade facilitation, digital trade, logistics, and transport through a comprehensive framework of policy dialogue, digital solutions, capacity building, experience sharing, and technical assistance.

The agreement, formalized by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, and Pamela Coke-Hamilton, Executive Director of ITC, underscores their commitment to streamline trade processes. Their focus includes bolstering efficiency across the transport, maritime, ports, and logistics sectors in the UAE, Gulf Cooperation Council (GCC) countries, and developing nations. Central to this effort is the review and enhancement of regulatory frameworks and policies to align with global best practices.

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AD Ports Group and ITC will jointly support developing and least developed countries (LDCs) in implementing the WTO Trade Facilitation Agreement (TFA), aiming for smoother cross-border transactions. They will also prioritize inclusivity by empowering small and medium-sized enterprises (SMEs) through tailored trade strategies and initiatives. Additionally, the partnership aims to promote women's participation in trade facilitation and economic empowerment programmes.

The collaboration will leverage AD Ports Group's technological advancements and ITC's expertise to advance customs digitalization and trade facilitation. Both entities plan to co-develop services, participate in industry events, and share knowledge to strengthen customs excellence and trade facilitation capabilities globally.

Captain Mohamed Juma Al Shamisi expressed enthusiasm about being the first ports and logistics entity to partner with ITC, highlighting the strategic importance of the collaboration in advancing the UAE's economic diversification efforts. He emphasized the potential for integrating more SMEs into global value chains and enhancing overall operational efficiency.

Pamela Coke-Hamilton emphasized the transformative impact of digital trade solutions on SMEs from developing countries, emphasizing their goal to create a more efficient, inclusive, and sustainable trading environment. ITC, established in Geneva in 1964, supports international trade by providing advisory services, capacity building, and trade-specific data to governments and businesses worldwide.

June 29, 2024 11:34 a.m. 458

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