Tweet
Khaleej Times (United Arab Emirates)
January 21, 2013 Monday
UAE signs CCA with Armenia
ABU DHABI - The Federal Customs Authority (FCA) of UAE has signed a
customs technical and administrative cooperation agreement with
Armenia's State Revenue Committee (SRC).
Suoud Salem Al Agroobi, FCA Head of International Relations Department
and Karen Bekaryan, SRC Director of Customs Procedures signed the
agreement in Yerevan in the presence of Gagik Khachatryan, SRC
Director General, Artur Afrikyan, SRC Senior Deputy Director General
and Artur Hovsepyan, Head of International Relations Department.
The agreement indicates that both countries are keen to boost the
economic relations in light of the increasing mutual trade and promote
cooperation between businesses in both countries.
Khalid Al Bustani, FCA Acting Director General said that agreement
removes trade barriers between both countries by exchanging knowledge
and expertise on consignments, customs policies and training in
customs procedures, inspection and examination.
"It is a main tool to execute the FCA plan and strategic goals of
protection of social security, facilitation of trade and consolidation
of cooperation, exchanging knowledge with the UAE trade partners
across the world," he added.
For his part Artur Afrikyan, SRC Senior Deputy Director General said:
"It is one of the most important agreements for Armenia customs given
the increasing size of mutual trade and is expected to further
facilitate the process of removing the customs barriers between both
countries".
The agreement with Armenia will allow exchange of expertise, promote
the economic cooperation and increase the mutual trade movement as
well as protect the society of improper trade practices by exchanging
information about customs consignments between both countries, said
Suoud Salem Al Agroobi, FCA Head of International Relations
Department.
Both the UAE and Armenia have close historic relations with mutual
trade as a major player in these relations. This requires more close
cooperation in trade and concerted efforts to face challenges to the
mutual trade movement. Thus the bilateral agreement of customs
technical cooperation would be significant as an important tool for
facilitation of mutual trade.
The UAE, he said, is keen to promote the trade cooperation with
Armenia as one of its trade partners. The mutual trade has recently
seen a tangible development as it hit AED 1.1 billion from 2009 until
the late half of 2012, he said.
Armenia is one of the important markets for the UAE re-exports which
hit AED 1.08 billion during the same period. The exports hit about AED
41.9 million while imports hit AED 27.4 million.
Paints, surface watercolors used for leather polishing, ready-made
dryers, artist colors, education or signage, printing ink, fragrance
oils, perfumes and hair, mouth and teeth care preparations were the
top UAE goods re-exported to Armenia in that period, he said.
The customs technical cooperation agreements, he said, reduce the
customs violations which act against the economic, trade, financial,
social and cultural interests of the states. Such agreements aim to
activate actions against such violations through close cooperation.
From: Emil Lazarian | Ararat NewsPress
January 21, 2013 Monday
UAE signs CCA with Armenia
ABU DHABI - The Federal Customs Authority (FCA) of UAE has signed a
customs technical and administrative cooperation agreement with
Armenia's State Revenue Committee (SRC).
Suoud Salem Al Agroobi, FCA Head of International Relations Department
and Karen Bekaryan, SRC Director of Customs Procedures signed the
agreement in Yerevan in the presence of Gagik Khachatryan, SRC
Director General, Artur Afrikyan, SRC Senior Deputy Director General
and Artur Hovsepyan, Head of International Relations Department.
The agreement indicates that both countries are keen to boost the
economic relations in light of the increasing mutual trade and promote
cooperation between businesses in both countries.
Khalid Al Bustani, FCA Acting Director General said that agreement
removes trade barriers between both countries by exchanging knowledge
and expertise on consignments, customs policies and training in
customs procedures, inspection and examination.
"It is a main tool to execute the FCA plan and strategic goals of
protection of social security, facilitation of trade and consolidation
of cooperation, exchanging knowledge with the UAE trade partners
across the world," he added.
For his part Artur Afrikyan, SRC Senior Deputy Director General said:
"It is one of the most important agreements for Armenia customs given
the increasing size of mutual trade and is expected to further
facilitate the process of removing the customs barriers between both
countries".
The agreement with Armenia will allow exchange of expertise, promote
the economic cooperation and increase the mutual trade movement as
well as protect the society of improper trade practices by exchanging
information about customs consignments between both countries, said
Suoud Salem Al Agroobi, FCA Head of International Relations
Department.
Both the UAE and Armenia have close historic relations with mutual
trade as a major player in these relations. This requires more close
cooperation in trade and concerted efforts to face challenges to the
mutual trade movement. Thus the bilateral agreement of customs
technical cooperation would be significant as an important tool for
facilitation of mutual trade.
The UAE, he said, is keen to promote the trade cooperation with
Armenia as one of its trade partners. The mutual trade has recently
seen a tangible development as it hit AED 1.1 billion from 2009 until
the late half of 2012, he said.
Armenia is one of the important markets for the UAE re-exports which
hit AED 1.08 billion during the same period. The exports hit about AED
41.9 million while imports hit AED 27.4 million.
Paints, surface watercolors used for leather polishing, ready-made
dryers, artist colors, education or signage, printing ink, fragrance
oils, perfumes and hair, mouth and teeth care preparations were the
top UAE goods re-exported to Armenia in that period, he said.
The customs technical cooperation agreements, he said, reduce the
customs violations which act against the economic, trade, financial,
social and cultural interests of the states. Such agreements aim to
activate actions against such violations through close cooperation.
From: Emil Lazarian | Ararat NewsPress