DISPLAYING ITEMS BY TAG: Certificate of Origin

The integration is part of the agreement signed between the entities in March 2022 to streamline trade processes and offer faster operations for 180,000+ customers

Dubai Trade and Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, have simplified trade services for exporters and re-exporters in the country by collaborating together to provide membership and Certificates of Origin (COO) services through the Dubai Trade portal.

A COO determines the origin of exported or re-exported goods and helps estimate customs tariffs, as it contains the basic data on trade shipments. Dubai Trade’s single window will enable exporters in Dubai to instantly request, pay and generate the COO via its single window. This is a major milestone in the platform’s offerings and in its efforts to facilitate seamless cross-border trade and will enable exporters to complete their end-to-end export journey of trade from cargo handling to customs clearance.

The integration of the COO on Dubai Trade platform is part of their agreement, signed in March, to cement Dubai’s position as a leading global business hub and streamline the trade process for more than 180,000 customers. It provides transparency in business transactions, facilitating access for Emirati products to global markets, and enhancing foreign trade.

Saif Al Hattawi, Executive Director of Digital and Commercial Services at Dubai Chamber of Commerce, said: "Dubai Chamber of Commerce is constantly working to strengthen Dubai’s position as a global gateway for trade that supports business growth and enables local companies to access business opportunities in target markets. Certificates of Origin are crucial to facilitating and driving international trade. Through our cooperation with Dubai Trade, we are improving ease of doing business and removing barriers to trade with the aim of boosting Dubai’s foreign trade to AED 2 trillion in line with Dubai’s Foreign Trade Plan and enhancing the competitiveness of the emirates’ commercial and logistics sectors.”

Mohamed Ahmed AbuHamra, Acting Chief Operating Officer, Dubai Trade said, “We are committed to facilitating trade and positioning Dubai as the leading trade and logistics hub and adding value to the trading community. Our goal has always been to ensure ease of doing business in Dubai and drive the country’s digital transformation efforts. By providing our customers access to Certificates of Origin through the unified logistic and trade digital hub ,Dubai Trade aim towards supporting the UAE’s efforts to augment the Digital Economy and enhancing the customer experience to deliver best in class service offerings for logistic and supply chain industry stakeholders ”.

Dubai Chamber of Commerce’s services such as Certificates of Origin, and attestation will be accessible on the Dubai Trade Portal

Dubai Trade, a DP World company and the Dubai Chamber of Commerce have signed an agreement to allow the local business community easier access to the Chamber’s trade services. This includes certificates of origin, attestation, and other membership services, which will be accessible on the Dubai Trade Portal, a single window platform for international trade.

The agreement was signed by H.E. Hamad Buamim, President & CEO of Dubai Chambers and Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza.

H.E. Hamad Buamim, President & CEO of Dubai Chambers said: “Our aim has always been to cement Dubai’s position as a leading global business hub and facilitate Dubai’s trade and investment flows with other markets around the world. Through our collaboration with Dubai Trade, we believe that our aim of enhancing the Emirate’s competitiveness in key sectors such as trade and logistics will be much more achievable, as we will be able to integrate various services on a common platform and ensure faster and easier business operations. Moreover, this strategic partnership with Dubai Trade falls in line with our digital transformation efforts and Dubai’s Paperless Strategy, as the platform will further encourage us to adopt a paperless approach to trading operations and payments.”

Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza said: “As a leading trade enabler, we believe in providing integrated trade solutions that enable our customers to look beyond the horizon. Through our partnership with the Dubai Chamber of Commerce, we aim to further enhance our customers’ experience, helping them leverage through key services and providing a wider range of solutions. In addition to that, we are confident that our collaboration with Dubai Chamber of Commerce will open doors for our users to deal with global corporations and investors, uplifting their businesses to greater standards by capitalising on international trading opportunities.”

Hussain Al Blooshi, COO, Dubai Trade said, “Dubai Trade has played a pivotal role in increasing the competency of the industry by leveraging the robust trade and logistics capabilities through its Single Window. We work closely with our clients to develop a thorough understanding of their requirements and collaborate with key players in the trade sector, which has established us as a single-window for cross border trading in Dubai. Dubai Chamber of Commerce services are a significant addition to our customers to facilitate trade and further enhance ease of doing business, and we believe that this partnership will surely add value to our platform’s users, enabling seamless access to international markets.”

The latest collaboration between Dubai Chamber of Commerce and Dubai Trade aims to boost Dubai’s position as a leading global trade hub by streamlining the trade process and offering faster operations for more than 180,000 customers.

Dubai Trade offers 24/7 access to over 700 digital trade and logistics e-services, allowing its customers a seamless trading experience. These include Customs eClearance, ePermits, Port eClearance, ePayments, company licensing and Free Zone administrative services.