Dubai: The Trade Hub

14
2013 WCO IT Conference & Exhibition Mr. Shahab Al Jassmi Senior Manager - Commercial Dubai Trade May 15 th , 2013

Transcript of Dubai: The Trade Hub

2013 WCO IT Conference & Exhibition

Mr. Shahab Al Jassmi

Senior Manager - Commercial

Dubai Trade May 15th, 2013

Trade Growth in Dubai – 2007 to 2012

0

200

400

600

800

1000

1200

1400

2007 2008 2009 2010 2011 2012

Valu

e i

n B

illi

on

Dir

ham

s

Imports Exports Re Exports

Source: Dubai Customs

Freight Forwarders

& Customs Brokers

Transport

Companies

Free Zone

Companies

Customs Authority

Sea Port Operator

Shipping Lines &

Agents

Company Licensing

Authorities

Exporters &

Importers

Air Cargo Handlers

Financial

Institutions

Insurance

Companies

Participants in a Trade Transaction

Permit

Authorities

Chamber of Commerce

Visit Multiple counters

Long queues at counters

Paper intensive

Lack of transparency and standardised procedures

Trade Process Facilitation

Freight Forwarders

& Customs Brokers

Transport

Companies Free Zone

Companies

Customs Authority

Sea Port Operator

Shipping Lines &

Agents

Company Licensing

Authorities

Exporters &

Importers

Air Cargo Handlers

Financial

Institutions

Insurance

Companies

Dubai Trade Overview

• Transform the end to end trade supply chain and to establish Dubai as the leading trading & logistics hub of the world.

VISION

• Make trade easier, faster and cost effective for all stakeholders through continued improvement of business process and application of technology.

MISSION

Is the premier trade facilitation entity of Dubai that looks at simplification and

harmonization of processes involved in the movement of goods

Dubai Trade’s Evolution

Internal Needs

1. Unified Portal for Ports, Customs and Free

Zone customers

2. Single Sign-On to all eServices

Local Stakeholders

1. Solution is extended to include other local

government and private entities

2. Solution covers both portal and B2B

integration needs.

National Extension

1. Extended to national service providers such

as Ministry of Finance and UAE Central

Bank

2. Both physical and financial supply chains are

mapped on the portal.

Regional Aspirations

1. The GCC is one big trade bloc with unique

offerings to companies.

2. Opportunity exists to exchange information

with neighboring countries.

Global Vision

1. The future of trade facilitation entities relies

on global hubs such as in Dubai, Singapore,

EU etc.

2. This will truly eliminate paper exchange and

physical visits.

Internal

Local

National

Regional

Global

DT

Portal

Shipping Agencies

C&F Agents

Haulers

Financial Service

Providers

Importer/Exporters

Web

Browser

EDI, B2B

Dubai eGovernment

Government Entities

Integration Layer

Dubai Trade’s Current Ecosystem

Key Integration points

Freight

Forwarders

& Customs

Brokers

Transport

Companies

Free Zone

Companies

Shipping Lines

& Agents

Exporters/

Importers

Submit

Manifest

Retrieve

Manifest

Transmit

Declaration

Request

to Pick

Cargo

Check Truck

Validity

Financial

Institutions

Make

Payment

Pick Up

Cargo

Cargo

Delivered

Cargo Delivered

Notification

Submit

Declaration

Edit/ Add

Data

Declaration acts as a

single document for

Cargo Clearance at

Ports including Ports

charges payment

Where have we reached so far..

7 8

13 13

4 5

7 7

0

2

4

6

8

10

12

14

Export Documents (No.)

Import Documents (No.)

Time to Export (Days)

Time to Import (Days)

2008

2013

Reduction of 3 document and 6 days in the Export & Import

process

Source: Doing Business report 2013

UAE’s global ranking in Trading Across Borders

5

36 49 54 58

113

1

21

41

61

81

101

121

United Arab Emirates Saudi Arabia Oman Bahrain Qatar Kuwait

Trading Across Borders Ranking 2013

UAE ranked 5th in the World & Best in GCC for

Trading across Borders

Best place in the MENA region to start a business

Source: Doing Business report 2013

Few other recognition's…

UAE ranked #1 in ESCWA Membership Trade Ranking

Dubai Trade referred as the National Single Window

Source – ESCWA Report on Trade Facilitation & Single Window (Dated Nov 10, 2011)

UAE traders save US$ 40.2 billion over 4 years

Potential savings and gains made by traders based on ECC Case Study on Dubai Trade

Source – Policy in Action Series, Issue 03 (Dated Jan, 2012)

UAE become the 2nd in the world and the 1st in the Middle East and Africa region in the “Government Usage of ICT”

Source – World Economic Forum, Global IT Report 2013

Challenges in further integrations

Complete the eco-system

Standardize integration protocols

Leverage evolving technology

Recognition of Dubai

Trade as the National

Single Window giving

the mandate to

integrate with all

government agencies

& private

stakeholders.

Acceptance of a

common definition

of the customer,

cargo and other

transactional

elements across

modes of transport

and stakeholders

Roll-out Dubai Trade

across various

channels of access

such as desktops,

mobile devices, B2B

integration etc.

Q & A