FINANCIAL NEWS

Dubai-Chinese bilateral trade hits USD12.79b in Q1

12 Jul 2015

(MENAFN) According to Dubai Customs director, Dubai-Chinese bilateral trade has hit USD12.79 billion in the January-March period of the current year, Khaleej Times reported.

In 2014, the bilateral trade between the two nations reached USD47.9 billion, the director added, praising the exceptional commercial ties between the counterparts.

UAE and China came up with a dual trade ties and planned a system for advanced coordination in duties operations to show more economical progress and success in their mutual trade.

“Dubai Customs’ strive to boost trade with China calls for closer economic ties and supports the flow of Chinese investments to Dubai, coupled with the growing number of Chinese companies,” the director added.

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