The C5’s Forum on Trade Compliance in the Middle East kicked off yesterday in Dubai. The event was organised by C5, the leading provider of global trade information to traders and investors around the world, in partnership with Dubai Customs.
The forum, held on March 11 & 12, 2014, took place in the Dubai Chamber of Commerce and Industry. It covered a wide spectrum of topics, namely striking balance between compliance with global trade regulations and maintaining trade facilitation procedures, by presenting an in-depth look into compliance with customs laws and import and export procedures as well as the adherence with the US and EU export controls.
The forum also tackled the issue of utilizing the benefits of free trade zones, whilst avoiding common pitfalls. One session addressed working with customs authorities to resolve issues related to documentation and goods post-entry transactions.
Commenting on DC’s hosting of the event, Ms Narmin Ahmad Issa, Director of Legal Affairs Department at Dubai Customs, said: ”We are committed to providing all documented information on compliance with global trade to business actors in the Middle East. Dubai Customs’ hosting the forum stems from our awareness of the importance of keeping businesses and traders abreast of all trade-related updates, in addition to regulations and laws pertaining to customs operations. This will help boost the growth of legitimate trade that are in conformity with laws and regulations, as well as ensure a streamlined trade flow.”
"It is a priority for us at Dubai Customs to contribute effectively to such global efforts aimed at regulating international legitimate trade. We fully support these efforts to by holding forums and activities that contribute to promoting trade regulatory compliance. Also we are keen to implement the best and the latest standards governing world trade, which makes Dubai Customs No. 1 in terms of customs services provided to traders and investors regionally and globally," She added.
The forum will run over two days, with an active participation of customs bodies and departments, free zone authorities, and all regional and international organizations concerned with trade compliance issues.