UAE, Kazakhstan to sign customs pact
May 23rd, 2010 - 7:55 pm ICT by IANS ( Leave a comment )Abu Dhabi, May 23 (IANS/WAM) The United Arab Emirates (UAE) and Kazakhstan will sign a customs agreement that is expected to help stop illegal trade practices and protect economic, social and cultural interests of the two countries.
The UAE’s Federal Customs Authority (FCA) had already signed the final draft accord with Kazakhstan in Astana earlier this month.
However, the official signing of the final pact is scheduled in the next few days upon ratification by the relevant national agencies and the leaderships of both countries.
Head of international relations at FCA, Saud Al-Akroubi said the accord would strengthen economic and trade ties, as well as stop illegal commercial practices and protect economic, social and cultural interests of both the countries.
The agreement provides for exchange of customs data between the two countries, he explained.
–IANS/WAM
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Tags: abu dhabi, astana, commercial practices, customs authority, fca, few days, final draft, illegal trade practices, international relations, kazakhstan, leaderships, pact, ratification, saud, trade ties, united arab emirates, wam