AD Ports Group, and the International Trade Centre (ITC) have signed a memorandum of understanding (MoU) to cooperate on trade facilitation, digital trade, logistics and transport through policy dialogue, digital trade solutions, capacity building, experience sharing and technical assistance.
The agreement was signed on June 28 by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO – AD Ports Group, and Pamela Coke-Hamilton, Executive Director, ITC. Under the MOU, the two entities will use various solutions to simplify trade, improving the efficiency of the transport, maritime, ports and logistics sectors in the United Arab Emirates, countries of the Gulf Cooperation Council (GCC) and developing countries.
Our cooperation with ITC in the area of trade facilitation services and solutions will make transactions smoother, enabling us to integrate more small businesses into value chains and improve our overall efficiency.
… said Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO – AD Ports Group
Both parties will review frameworks and policies across these sectors to evaluate their effectiveness and develop and upgrade border services in line with international best practices. AD Ports Group and ITC will provide technical assistance for developing and least developed countries (LDCs), including on the implementation of the WTO Trade Facilitation Agreement (TFA) for faster and smoother cross-border trade.
The cooperation will also see AD Ports Group and ITC make trade more inclusive and conducive to small and medium-sized enterprises (SMEs), while fostering dialogue and consensus-building. Both sides will provide advisory support to design SMEs-led trade strategies and business solutions and promote women traders’ role in trade facilitation with empowerment programmes and initiatives.
Through our new partnership with AD Ports Group, we look forward to leveraging their technology and advanced trade facilitation solutions to enhance the competitiveness of SMEs in international trade and create a more efficient, inclusive and sustainable trading environment in the region and beyond.
… commented Pamela Coke-Hamilton, Executive Director of ITC
The parties will then promote joint services and solutions and jointly participate in events, conferences and workshops in customs digitalisation, trade facilitation, ports, maritime and logistics. Furthermore, they will share experiences, networks, capacity building and training on key areas of trade facilitation and customs excellence.
