Latest news with #TrustedDigitalTradeCorridor


Al Etihad
07-05-2025
- Business
- Al Etihad
Abu Dhabi Customs showcases its advanced digital experience to strengthen trade partnerships with Japan
7 May 2025 14:25 ABU DHABI (ALETIHAD)Abu Dhabi Customs, as part of the Abu Dhabi Economic Delegation's visit to Japan runs from May 6-9, is showcasing key digital initiatives aimed at streamlining customs procedures and facilitating cross-border showcase also includes upcoming projects and strategic directions that support Abu Dhabi's position as a regional hub for global trade and reinforce its role as a rising economic Lahej Al Mansoori, Director-General of Abu Dhabi Customs, stated that this participation reflects Abu Dhabi's commitment to strengthening its global economic presence, promoting its pro-business environment, and deepening cooperation with key global economies, particularly noted that the visit aims to explore new opportunities, exchange knowledge and technologies, and build partnerships across various Japanese economic and commercial sectors, contributing to the development of a future-ready economy and supporting sustainable development Mansoori emphasised the central role of customs cooperation in advancing trade and economic ties. He explained that Abu Dhabi Customs is sharing its success stories and strategic projects to build new bridges and expand organisation is globally recognised for implementing advanced customs practices, particularly in digital transformation. It has successfully re-engineered more than 1,300 procedures and fully digitised its services, offering over 40 integrated e-services in collaboration with more than 60 government and private strategic partners. This transformation has delivered impressive operational results, with pre-arrival customs clearance reaching 72% and average clearance times reduced to just 12 minutes, setting a new standard for the also noted that the 'invisible customs' concept is now a reality in Abu Dhabi thanks to the use of artificial intelligence, blockchain, and smart automation technologies. One key milestone is the launch of 'TradeChain', a blockchain-based customs platform that enables instant transaction processing and real-time visibility across the supply Abu Dhabi Customs is actively supporting the Trusted Digital Trade Corridor initiative, developed in collaboration with multiple countries to shape the future of global trade. Al Mansoori concluded by highlighting that the Japan visit presents a valuable opportunity for direct engagement with decision-makers across the customs, trade, and economic sectors. He expressed confidence that the visit would help strengthen partnerships and open new avenues for business and investment, in line with the shared vision for greater economic integration and prosperity. Source: Aletihad - Abu Dhabi


Arab News
02-03-2025
- Business
- Arab News
Abu Dhabi Customs sees record 72% pre-arrival clearance rate in 2024
RIYADH: Abu Dhabi Customs recorded a 72 percent pre-arrival clearance rate in 2024, marking a significant increase as the emirate accelerates digital transformation and streamlines trade operations. The figure represents a sharp rise from 47 percent in 2023, reflecting a 53 percent annual growth rate, according to the UAE's state news agency WAM. The surge underscores efforts to enhance digital customs processes, integrate advanced technologies, and optimize clearance systems. Pre-arrival clearance for outbound shipments accounted for 85 percent of total exit declarations in 2024, up from 67 percent a year earlier, while inbound shipments made up 60 percent of entry declarations, compared with 31 percent in 2023. Abu Dhabi Customs has also automated the issuance of entry and exit customs certificates to expedite processing. Pre-arrival customs clearance, available through smart platforms like the Abu Dhabi Government Services Platform, or TAMM, and the Advanced Trade and Logistics Platform, or ATLP, enables importers, exporters, and their representatives to complete customs procedures before goods reach customs centers. This process includes submitting declarations, paying duties, meeting regulatory requirements, if applicable, and finalizing procedures in advance, streamlining operations and improving efficiency. Freight clearance and shipping companies have benefited from electronic integration with regulatory entities and service-level agreements with key stakeholders, reducing transaction times. In August, Abu Dhabi Customs reported that the average time for customs clearance transactions in the first half of 2024 was 13.86 minutes, down from 15.47 minutes in the same period of 2023. In December, the General Administration of Abu Dhabi Customs launched its 2024–2028 Strategic Plan, focused on facilitating secure and legitimate trade through advanced innovations and digital technologies. The plan is built on six pillars, including enhancing customer experience to position Abu Dhabi as a preferred trade hub, increasing revenue collection, and driving economic growth and competitiveness. It also emphasizes fostering a culture of excellence through innovation and sustainability, developing professional talent for the future of customs, and leveraging technology to achieve digital leadership. In November, Abu Dhabi Customs signed an agreement with Brazil's Tax Authority to launch the pilot phase of the Trusted Digital Trade Corridor project. The initiative aims to enhance trade, simplify customs procedures, reduce transaction times, strengthen data security, and improve cross-border trade efficiency through advanced technology and digital transformation.